By DWIGHT DE LEON

MANILA, Philippines – President-elect Ferdinand Marcos Jr. spent a total of P623.23 million on his successful bid for the presidency, according to his statement of contribution and expenditures (SOCE) filed with the Commission on Elections (Comelec) on Tuesday, June 7.

His SOCE indicated “P0” opposite the line “expenditures paid out of personal funds/resources,” which means that according to the president-elect, no money came out of his own pocket to fund his Malacañang aspirations.

A total of P371.795 million in expenditures was paid out of cash contributions, while another P251.434 million was incurred using in-kind contributions.

In total, the president-elect received contributions worth P624.684 million.