Latest data from the Department of Budget and Management (DBM) showed that it has released a total of P5.59 trillion of the 2024 budget as of end-August.
This represents 96.9 percent of the national budget for the year. The amount is also higher than the 95.3 percent recorded in the same period in 2023.
Based on DBM data, the government had released P3.82 trillion under the 2024 General Appropriations Act (GAA), accounting for more than 95 percent of the total P4.01 trillion financing.
Under the 2024 GAA, the DBM said it has distributed 97.9 percent or P3.43 trillion of the P3.5 trillion to various government departments.
In terms of special purpose funds, releases rose to 77.5 percent, which means f that P393.43 billion has been handed out from the P507.48 billion allocation.
هذه القصة مأخوذة من طبعة September 14, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 14, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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