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DBM releases P875 M to replenish DSWD's quick response fund

The Philippine Star

|

November 17, 2024

The Department of Budget and Management (DBM) has released P875 million to replenish the quick response fund (QRF) for calamity and disaster relief operations.

- Louise Maureen Simeon

In a statement, Budget Secretary Amenah Pangandaman said the DBM has greenlighted the P875-million QRF replenishment to the Department of Social Welfare and Development (DSWD).

As of end-October, DSWD's available QRF balance has reached below the 50 percent threshold at P557.77 million or 31.87 percent of its current appropriations.

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