Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Gov't releases record P4.9 T in cash allocations
The Philippine Star
|March 11, 2025
The government released a record P4.9 trillion in cash allocations last year largely to finance infrastructure projects, as well as the education sector, the Department of Budget and Management (DBM) said.
Latest data from the DBM showed that the release of notice of cash allocations (NCAs) for 2024 rose by 10 percent to P4.9 trillion from P4.45 trillion in 2023.
Even with the increase, government agencies recorded a higher utilization rate of 99 percent from 98 percent the year prior.
This means that of the total releases, only some P72.6 billion was left unused as of end-2024.
NCAs are disbursement orders by the DBM to government banks servicing the release of funds to agencies. State agencies are expected to use the NCAs to pay for the cash requirements of their programs and projects.
A higher utilization ratio indicates greater capacity of agencies to implement their programs and projects.
Esta historia es de la edición March 11, 2025 de The Philippine Star.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Philippine Star
The Philippine Star
Why 19 platforms can't fix Manila's ride-hailing crisis
For commuter advocates, the surge in demand is primarily due to the “large shortfall and low quality of service of our public transport system,” according to Reycel Hyacinth Bendaña, national coordinator at Move As One Coalition.
2 mins
November 27, 2025
The Philippine Star
ALI sells P4 B AREIT shares
Property giant Ayala Land Inc.(ALI) has sold more than P4 billion of its shares in the real estate investment trust (REIT) of the Ayala Group to both local and global institutional buyers.In a disclosure to the Philippine Stock Exchange, ALI said it sold an aggregate of 100 million common shares of AREIT Inc. for P41.9 a piece.
1 mins
November 27, 2025
The Philippine Star
‘2025 among most disaster-prone years in history'
The Philippines has endured what could be “one of the most disaster-prone” years in its recent history this year, Social Welfare Secretary Rex Gatchalian said yesterday.
1 mins
November 27, 2025
The Philippine Star
BACOLOD SAVES THE FUTURE
Terra Madre marks its historic debut outside Italy to prove that a Philippine island holds the recipe for survival
5 mins
November 27, 2025
The Philippine Star
DILG: Ex-politicians tagged in junta recruitment
Several personalities involved in efforts to destabilize the Marcos administration through a civilian-military junta have been identified, Interior Secretary Jonvic Remulla said yesterday.
1 min
November 27, 2025
The Philippine Star
Co, 7 lawmakers face plunder, graft cases
Seven congressmen who are owners of construction firms that have contracts with the Department of Public Works and Highways (DPWH) have been recommended for prosecution by the Independent Commission for Infrastructure.
5 mins
November 27, 2025
The Philippine Star
Ninoy, the model political leader
Today is Nov.27, the 93rd birthday of Ninoy Aquino, our national hero who can be the role model for our political leaders today.I always remember him as one of the great personalities who once made the Philippine Senate a bulwark of democracy and a gathering of visionary national leaders.
3 mins
November 27, 2025
The Philippine Star
MISS UNIVERSE 2025 JUDGE LOUIE HEREDIA ON RIGGING ALLEGATIONS VS. PAGEANT
FOR MORE THAN A DECADE, \"Kapuso Mo, Jessica Soho's (KMJS) Gabi ng Lagim\" (GNL) has been the most watched Halloween special on TV.
5 mins
November 27, 2025
The Philippine Star
A TURKEY FEAST IS WAITING FOR YOU AT GORDON RAMSAY BAR & GRILL
It's the season for gathering family and friends - including the ones you haven't seen in a while-and sharing memorable meals together.
3 mins
November 27, 2025
The Philippine Star
Lacson flags duplicate projects in DPWH budget
Senate President Pro Tempore Panfilo Lacson has flagged multiple “duplicate” projects in the Department of Public Works and Highways (DPWH) 2025 budget, suggesting the identical entries were intentionally designed to “confuse and corrupt.”
1 min
November 27, 2025
Listen
Translate
Change font size