Gov’t agencies’ cash utilization hits 95%
THE cash utilization rate posted by government agencies hit 95% in the first eight months of the year, the Department of Budget and Management (DBM) said. The National Government, local governments and government-owned companies used P2.96 trillion of the P3.12 trillion worth of notices of cash allocation (NCAs) issued as of the end of August. […]
Tomas Kauer 
THE cash utilization rate posted by government agencies hit 95% in the first eight months of the year, the Department of Budget and Management (DBM) said. The National Government, local governments and government-owned companies used P2.96 trillion of the P3.12 trillion worth of notices of cash allocation (NCAs) issued as of the end of August. […]
