(UPDATE) ONLY P343.90 billion of the national budget is left for the Marcos administration to spend during the remaining months of 2022 because its predecessor had already distributed 93.2 percent of the appropriations among government agencies, data from the Department of Budget and Management (DBM) revealed on Friday.

The overall amount of releases from January through June of this year was P4.67 trillion, or 93.2 percent of the P5.02 trillion budget for 2022.

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