Makati top confidential funds spender in Metro Manila for 2023

MANILA, Philippines – Makati was the top spender in confidential funds among the 10 cities in Metro Manila that incurred such expenses in 2023, according to their financial statements submitted to the Commission on Audit (COA).

Based on the separate audit reports on Metro Manila’s 16 cities released by COA on December 13, the 10 cities incurred a total of P728 milion in confidential funds expenses in 2023.

Makati, the second wealthiest city in the country, incurred the biggest confidential funds spending at P240 million...