Tag page - unspent funds

The Senate Committee on Finance has introduced a special provision under the proposed General Appropriations Act of 2022 that seeks to revert to the National Treasury funds lodged with the Department of Budget and Management’s Procurement Service (DBM-PS) if it remains unspent by the end of 2023....

The Department of Agriculture (DA) has blamed the restrictions caused by the coronavirus pandemic for its unspent ₱9.8-billion cash allocation for farmers around the country last year. (Photo courtesy of the Department of Agriculture) "The root cause of the unobligated amount is due to the...

Department of Agriculture (DA) Secretary William Dar asserted that no irregularities were committed despite the recent findings of state auditors on the alleged non-utilization of the P9.8-billion fund intended for farmers. Agriculture Secretary William Dar (Photo courtesy of Malacañang) "We...

Despite the Commission on Audit’s (COA) clarification that it is “premature” to conclude that the P67 billion worth of “deficiencies” it found in the Department of Health’s (DOH) handling of pandemic funds is linked to corruption, Vice President Leni Robredo has flagged the unspent 2020...