DBM releases P690.26B for Covid-19 response

By Anna Leah E. Gonzales

Oct 26, 2021 12:21 am

The Department of Budget and Management (DBM) said that a total of P690.26 billion has been released as of last September 30 by the Department of Budget and Management to support the Covid-19 response programs of the government.

In a statement on Monday, DBM said that of this amount, the government obligated a total of P637.97 billion (92.4 percent) and disbursed P570.04 billion (89.4 percent), as reported in the agencies' respective financial accountability reports (FARs).

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