The Department of Education (DepEd) highlighted the creation of financial management reform and the establishment of the Education Program Management Office as among its accomplishments under the outgoing administration.
Education Undersecretary for Finance Annalyn Sevilla (Photo from DepEd) D
Amid the challenges brought by the coronavirus disease (COVID-19) pandemic, the Department of Education (DepEd) implemented 96 percent of its total funds.
Education Undersecretary for Finance Annalyn Sevilla (Photo from DepEd) DepEd, in a statement issued Tuesday, Jan. 11, said that it was det
THE Department of Education (DepEd) aims aiming to surpass its budget utilization rate (BUR) last year of 97 percent amid challenges posed by Covid-19. “For 2021, we are aiming to maintain 96 percent or even surpass 97 percent for BUR,” DepEd Undersecretary for Finance Annalyn M. Sevilla said. Sevilla also…
MANILA - To provide further support to field offices and schools nationwide, the Department of Education (DepEd) maintained its 96 percent budget utilization rate (BUR) for 2021 despite the challenges brought about by the Covid-19 pandemic. "For 2021, we are aiming to maintain 96 percent or even surpass 97 percent for BUR. And I would like to congratulate and thank everyone despite Covid, 'yung iba pong department nag-stop, or talagang na-suspend but DepEd continues to operate despite 2020 is a Covid year and [in] 2020, we were able to actually implement 96 percent of our total funds," DepEd Undersecretary for Finance Annalyn Sevilla said during the Department's General Assembly 2021. Recording an 8 percent increase in BUR from 88 percent in 2015 to 96 percent in 2020, Sevilla attributed the achievement to the simplification of public financial management processes and decentralization of fund management, which promotes accountability, transparency, and competency as