(PAGASA 24-HOUR PUBLIC WEATHER FORECAST as of Saturday, 12 July 2025) The Southwest Monsoon (Habagat) continues to affect Mindanao. FORECAST: The Zamboanga Peninsula will experience cloudy skies with scattered rain showers and thunderstorms due to the Southwest Monsoon. These conditions may lead to possible flash floods or landslides, especially during moderate to occasionally heavy rainfall. The rest of Mindanao will have partly cloudy to cloudy skies with isolated rain showers or thunderstorms also influenced by the Southwest Monsoon. Winds will be light to moderate from the southwest, with slight to moderate seas (wave height between 0.6 to 2.1 meters).


Tuesday, 30 May 2023

DBM urges agencies to increase budget utilization 

The Department of Budget and Management is urging government agencies to further ramp up their budget disbursement and spending, after it recorded the utilization rate of government agencies at 90 percent from January to April 2023.

 

The latest data is reflected on the report on utilization of Notices of Cash Allocations (NCAs) for national government agencies and budgetary support to Government-Owned or -Controlled Corporations (GOCCs) and Local Government Units (LGUs) as of end April 2023, published on the DBM website.

 

The 90-percent utilization rate is equivalent to P1.175 trillion of NCAs utilized for the said period.

 

NCAs are cash authority documents issued by the DBM to the account of agencies/operating units through the authorized government servicing banks to cover the cash requirements of the agencies for their programs and projects.

 

“We all know that our national budget is the lifeblood of all government programs and projects. The faster we disburse and utilize our funds, the faster we can procure and implement our projects,” DBM Secretary Amenah F. Pangandaman said.#


“That’s why we want to remind our agencies to avoid underspending, given our very limited fiscal space. Again, we need to instill discipline in our national government agencies or we shall put the money to agencies which can really implement them. We have to remember, as early as the start of the year, we have emphasized that only implementation-ready proposals will be included in the 2024 Budget,” Secretary Pangandaman added.


As of 30 April 2023, the DBM has released P2.982 trillion or 94.8 percent of total agency specific budget to various national government agencies. In sum, the DBM has released P4.518 trillion or 85.8 percent of the P5.268 trillion national budget as of 30 April 2023.  (DBM/PIA Caraga)