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P679B for Covid response, out - DBM

The Department of Budget and Management (DBM) revealed that public funding given to government agencies for their respective coronavirus disease 2019 (Covid-19) pandemic responses totaled more than P679 billion as of end-June this year.

In a statement on Tuesday, it said that according to Financial Accountability Reports provided by the respective agencies and departments, P600.66 billion has been obligated and around P550.53 billion has been disbursed out of the actual P679.27 billion released.

Department of Budget and Management (DBM)