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THE cash allocation utilization rate of various government agencies reached 99 percent from January to March, according to the Department of Budget and Management (DBM). Latest data on the status of notice of cash allocation (NCA) showed the utilization rate in the first three months of the year faster, or…
THE state ramped up its infrastructure spending for the first two months of the year by 6.7 percent to P120.5 billion to fund the government’s road infrastructure programs and defense modernization projects. Latest data from the Department of Budget and Management (DBM) showed state infrastructure expenditure and other capital outlays…