MANILA -- The Department of Budget and Management has released P679.27 Billion as of June 30, 2021 to various implementing agencies to support projects, activities, and programs intended to respond to the COVID-19 pandemic. Of this, P600.66 Billion has been obligated and about P550.53 Billion has been disbursed based on Financial Accountability Reports submitted by the corresponding agencies and departments. This is equivalent to an 88.4 percent obligation rate and 91.7 percent disbursement rate, respectively.

Allotment releases to support Republic Act No. 11494 or the Bayanihan to Recover as One Act (or Bayanihan 2) amount to P214.12 Billion, wherein P200.25 Billion was obligated and P189.86 Billion was disbursed. This leaves a balance of P13.88 Billion, of which, only P5.97 Billion (or less than one percent of the total allotment releases) was reverted to the General Fund in view of the expiration of the Special Appropriations and FY 2019 Continuing Appropriations under the same law last June 30, 2021.

Further, out of the P387.93 Billion allotment released pursuant to Republic Act No. 11469 or the Bayanihan to Heal as One Act (Bayanihan 1), P369.08 Billion has been obligated and P357.85 Billion has been disbursed. Other releases outside the Bayanihan laws have also reached P77.22 Billion wherein agencies have obligated P31.34 Billion and disbursed P13.82 Billion, respectively.