MANILA (UPDATE) — The camp of President-elect Ferdinand "Bongbong" Marcos, Jr. spent over P623 million to carry out his Halalan 2022 campaign that catapulted his family back to Malacañang.
A portion of Marcos' Statement of Contribution and Expenditures (SOCE) seen by ABS-CBN News on Tuesday showed the camp incurred P623,230,176.68 expenses for the duration of the campaign period from Feb. 8 to May 7.
The document also indicated that some P371.7 million of the expenditures were paid out of cash contributions, while around P251.4 million were "expenditures incurred using in-kind contributions."
Expenditures paid out of personal funds or resources amounted to "P0.00", according to the SOCE.
The document stated the Marcos camp received some P624.68 million in campaign contributions: P373.25 million in cash and P251.43 in kind.
National candidates were only allowed to spend P674 million for their campaign, or P10 for each for 67.44 million registered voters.
Marcos Jr., 64, received more than double the votes of his nearest rival, outgoing Vice President Maria Leonor "Leni" Robredo.
He ran his campaign on a theme of unity and making the nation rise again following the COVID-19 pandemic.