MANILA, Philippines—Election lawyer Romulo Macalintal has one simple reminder to those seeking the country’s highest office—have lots of money.
“Most of all, he (candidate) needs, money, money, and money, to finance all the expenses relative to the said political activities,” said Macalintal in a statement Sunday.
“At present, a presidential bet nominated by a political party is authorized to spend P10.00 per registered voter. With a projection of some 65 million voters in 2022, his authorized expenditure is P650 million pesos. The political party is also authorized to spend P5.00 per registered voter or a total of P325 million.”
Money, Macalintal said, will not only b…
Keep on reading: Hopefuls seeking presidency may spend up to P650M in campaign — Macalintal