BusinessWorld Economy
Budget release rate hits 86% at end of May
THE Department of Budget and Management (DBM) said it released 86% of the budget for 2026 as of the end of May. According to the DBM Status of Allotment Release report, the releases amounted to P5.84 trillion out of the original budget of P6.79 trillion, leaving P949.23 billion undistributed. The release rate at the end […]
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Source: bworldonline.com
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