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2021 budget extended next year

THE Department of Budget and Management (DBM) said the validity of the P4.50-trillion 2021 national budget has been extended until December 31 of next year after President Rodrigo Roa Duterte signed Republic Act 11640 into law.

'With the extended validity period, government agencies have another year to use their respective allocations under the FY 2021 national budget,' it said in a statement on Thursday.