DSWD creates task force to address 4Ps unliquidated funds

By Ellalyn De Vera-Ruiz

The Department of Social Welfare and Development (DSWD) has created a task force to address the unliquidated funds under the Pantawid Pamilyang Pilipino Program (4Ps).

Department of Social Welfare and Development (MANILA BULLETIN)
Department of Social Welfare and Development (MANILA BULLETIN)

The creation of the Task Force Consolidated Annual Audit Report (CAAR) will specifically assist DSWD central and field offices in resolving the audit observations and findings of the Commission on Audit (COA).

In a letter signed by DSWD Secretary Rolando Joselito Bautista to COA and received by the audit agency on April 20, 2019, it was mentioned that DSWD and Landbank of the Philippines (LBP) held a month-long reconciliation of records which largely decreased the remaining unliquidated balance from P10.851 billion to P5.076 billion.

The unliquidated balance was further reduced to P3.4 billion as of June 19, 2019.

As for the P8.007 billion unliquidated fund transfer in 2018, DSWD reported that the amount was significantly reduced to P987 million as of June 2019.

Liquidation of the remaining balance is ongoing following Bautista’s directive to all field offices to conduct the immediate review, validation, and transmittal of documents to the DSWD central office for recording.

DSWD assured the public that the funds will be released to the 4Ps beneficiaries.

The Department pointed out that it has always adhered to transparency and accountability in its program implementation and in all its transactions as part of good governance.

It added that it will closely coordinate with COA to ensure that government resources are judiciously utilized, while maintaining a transparent and corruption free-program implementation.

 
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