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Monday, April 29, 2024

COA open to amend rule on intel funds

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The Commission on Audit (COA) on Thursday said it is open to amending a 2015 joint circular on the use and auditing of confidential and intelligence funds (CIF).

COA chairman Gamaliel Cordoba made this disclosure during the budget hearing of the agency at the House of Representatives.

COA seeks a P13-billion 2024 budget.

The 2015 joint circular was issued by the COA, the Department of Budget and Management, the Department of the Interior and Local Government, the Department of National Defense, and the Governance Commission for Government Owned and Controlled Corporations,

“Within the third quarter of this year, magpapatawag po kami ng meeting sa ating stakeholders. Puwede tapusin [ang review] within the year, and we will update the committee and Congress of any changes,” Cordoba said.

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