No. of :

No. of Shares:

Currently viewed by: Marcus Rosit

DBM Statement on the P160 Billion unreleased funds

MANILA -- The Department of Budget and Management (DBM) wishes to clarify that no funds are being withheld, including some P160 Billion For-Later-Release (FLR) appropriations for infrastructure and social amelioration programs that were identified by some members of the Senate. It is noted that of the P158.36 Billion FLR appropriations intended for the infrastructure programs of the Department of Public Works and Highways, P144.81 Billion have already been recommended by the DBM to the President for approval. This amount comprises the bulk of the P261.05 Billion unreleased appropriations under the P4.506 Trillion FY 2021 National Budget as of June 30, 2021.

On the other hand, P3.83 Trillion or 85.1 percent of the FY 2021 National Budget has been released by the DBM from January to June 2021. Of this amount, releases to line departments amounted to P2.38 trillion, equivalent to 90.1 percent, and is a marked improvement from last year’s 79.8 percent during the same period. The DBM has fully released the respective allotments of most departments, including the P176.66 Billion FLR appropriations of the Department of Social Welfare and Development for the implementation of its various social amelioration programs. 

Expenditure items classified as FLRs require the submission of special budget request and other supporting documentary requirements from the agencies concerned, consistent with National Budget Circular No. 583. These documents shall be evaluated by the DBM based on existing budgeting rules and regulations, and subsequently endorsed to the Office of the President for approval. The corresponding Special Allotment Release Order and Notice of Cash Allocation shall be issued immediately upon approval of the President.

The DBM remains committed to ensuring that funds are readily available to support the implementation of various COVID-19 response programs geared towards making all sectors of the economy stronger and more agile.  (DBM)

About the Author

Kate Shiene Austria

Information Officer III

Information Officer III under the Creative and Production Services Division of the Philippine Information Agency. 

Feedback / Comment

Get in touch