Government releases 96.5% of 2021 budget

Published by
Philippine Star

Elijah Felice Rosales – The Philippine Star October 12, 2021 | 12:00am MANILA, Philippines — With one quarter left in the year, the government has yet to release nearly P160 billion from the national budget to state agencies that need them to sustain their operations and programs. The Department of Budget and Management (DBM) yesterday said it has issued 96.5 percent or P4.34 trillion, of the 2021 budget worth P4.5 trillion in the nine months to September. During the same period last year, the government managed to distribute 99.3 percent or P4.07 trillion of its P4.1-trillion funding for stat…

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