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HomePress ReleaseWhere Did the P132 Billion Go? Imee Marcos Urges Flood Fund Accountability

Where Did the P132 Billion Go? Imee Marcos Urges Flood Fund Accountability

Senator Imee Marcos is demanding responsibility for the P132 billion allocated to flood control measures in Bicol since 2018, following heavy flooding caused by Tropical Storm Kristine.

Marcos said in a statement on Tuesday that the public deserves to know how the monies are being spent. “It’s unacceptable that P132 billion has been allocated for Bicol flood control projects, yet communities remain vulnerable and families continue to suffer,” she told reporters.

According to the 2024 General Appropriations Act, Bicol received P31.94 billion for flood control this year alone, adding up to nearly P133 billion over six years. Despite this, the region was severely impacted by Kristine, with critical flooding levels and insufficient infrastructure to prevent disaster.

Marcos urged agencies like the Department of Public Works and Highways (DPWH) to provide updates on flood control projects, stressing the need for accountability. She also expressed support for a review of the flood control budget in the upcoming Senate discussions on the 2025 national budget, set at P6.352 trillion.

“For the 2025 budget, we need effective, modern solutions to address climate risks—not outdated measures that leave communities exposed,” she added.

Senate President Francis Escudero echoed these concerns, saying that flood control programs would be thoroughly examined in the upcoming Senate budget debates. He highlighted the proposed P303 billion for DPWH flood control projects in 2025, which represents 34% of the agency’s total budget, praising President Marcos Jr. for prioritizing flood mitigation.

Escudero noted, “Smart spending should focus on lasting solutions, not quick fixes. We should invest for future generations, not just the next election.”

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