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 ...

The end-October budget utilization rate was unchanged from the rate recorded in the same period last year, when government agencies utilized P3.36 trillion of NCA releases amounting to P3.56 trillion.

Meanwhile, the budget utilization rate of state agencies and state-run corporations also improved from January to June this year, posting a utilization rate of 99 percent, higher by 1 percent than ...

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 ...

MANILA, Philippines — Budget utilization by government agencies eased in the first quarter, according to the Department of Budget and Management (DBM). Agencies used up P788.85 billion out of ...

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 ...

The government increased its releases of cash allocations with state agencies as of the first quarter following the record P5.768-trillion budget this year. Latest data from the Department of Budget ...

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 ...

This resulted in a higher utilization rate of 99 percent from 98 percent in the first quarter of 2023. This means that of the total releases, P952.65 billion was utilized and only some P7.09 ...