Live Breaking News & Updates on Nd Php5 18 Billion

MANILA - Local government units (LGUs) have spent PHP118.9 billion combined on coronavirus disease 2019 (Covid-19) response measures as of June 2021, according to preliminary data gathered by the Bureau of Local Government Finance (BLGF). In a report to Finance Secretary Carlos Dominguez III, the BLGF said of the total, PHP76.44 billion came from LGUs own funds and another PHP35.44 billion from the Bayanihan Grant under the 2020 national budget and in view of the Bayanihan to Heal as One Act (Bayanihan 1), whose effectivity was extended up to last year. LGUs also utilized PHP4.93 billion of their unexpended cash balances of public funds held in trust that were transferred to the general fund (GF) of LGUs to support their pandemic response efforts. Another PHP2.14 billion spent by LGUs came from grants and donations, the BLGF said. Under Republic Act 11494 or the Bayanihan to Recover as One Act (Bayanihan 2), the unexpended cash balances of public funds held in trust by the local govern ....

Quezon City , Nino Raymond Alvina , Bureau Of Local Government Finance , National Treasury , National Capital Region , Local Government Finance , Finance Secretary Carlos Dominguez , Bayanihan Grant , One Act , Republic Act , Appropriations Act , Central Luzon , Manila Local Government Units Lgus Have Spent Php118 9 Billion Combined On Coronavirus Disease 2019 Covid 19 Response Measures As Of June 2021 , Ccording To Preliminary Data Gathered By The Bureau Of Local Government Finance Blgf Ina Report Secretary Carlos Dominguez Iii , He Blgf Said Of The Total , Hp76 44 Billion Came From Lgus Own Funds And Another Php35 The Bayanihan Grant Under 2020 National Budget In View Of To Heal As One Act 1 , Hose Effectivity Was Extended Up To Last Year Lgus Also Utilized Php4 93 Billion Of Their Unexpended Cash Balances Public Funds Held In Trust That Were Transferred The General Fund Gf Support Pandemic Response Efforts Another Php2 14 Spent By Came From Grants And Donations , He Blgf Said Under Republic Act 11494 Or The Bayanihan To Recover As One 2 , He Unexpended Cash Balances Of Public Funds Held In Trust By The Local Governments Were Allowed To Be Transferred Gf Lgus Support Government Programs And Projects Response Covid 19 Pandemic , Hile Ra 11520 Extended The Validity Of 2020 General Appropriations Act Gaa Up To Dec 31 , 021 The Blgf 39s Report Was In Line With Dominguez Earlier Directive To Bureau Monitor Pandemic Related Finances Of Lgus , N Turn , Eveloped An Online Reporting System For Local Treasurers To Track The Receipts And Expenditures Of All Provinces , Nd Municipalities Related To Their Covid 19 Programs , Nd Activities Quot This Reporting System Was Used To Establish And Assess Baseline Local Finance Data Serve As Inputs In Managing The Covid 19 Response Of Government , Uot Blgf Executive Director Nino Raymond Alvina Said In His Report The Data Gathered By Covered Period From April 2020 To June 2021 ,