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DBM releases 98% of 2021 budget

GOVERNMENT agencies have already received 98 percent of the national budget for this year, according to the Department of Budget and Management (DBM).

The government's allotment release for the first 11 months of this year was P4.44 trillion, or 98.6 percent of the adjusted P4.50-trillion budget, DBM figures released on Thursday showed. The present value exceeds the P4.30 trillion allocated between January and November 2020.

Department of Budget and Management (DBM)