THE cash utilization rate of government agencies hit 91% at the end of May, the Department of Budget and Management (DBM) said. The DBM said the National Government, local governments and state-owned ...

Budget Secretary Amenah F. Pangandaman earlier signaled that the DBM would cut the budgets of agencies with a low utilization rate. The DBM released 85.8% or P4.52 trillion of the 2023 national budget ...

MANILA, Philippines — As it recorded a budget utilization rate of 90% among government agencies, the Department of Budget and Management (DBM) urged agencies to ramp up their disbursement ...

The government has increased the release of notices of cash allocation and improved its utilization rate in the first semester following the record P5.02-trillion budget for this year.

A higher utilization ratio indicates greater capacity of agencies to implement their programs and projects. Nearly 70 percent of NCA releases were secured by line departments at P907.14 billion.

The Department of Information and Communications Technology (DICT) is targeting a 70 percent utilization rate of its budget before the end of the year by ramping up its digitization efforts. In an ...