Friday, October 4, 2013

Aquino says Disbursement Acceleration Program will stand legal scrutiny October 3, 2013


From the Website of the President

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Aquino says Disbursement Acceleration Program will stand legal scrutiny October 3, 2013
 
President Benigno S. Aquino III said the Disbursement Acceleration Program (DAP) that aimed to help the government catch up with its expenditure targets is consistent with the 1987 Constitution.
In an interview after attending the Brotherhood of Christian Businessmen and Professionals (BCBP) Grand Breakfast held at SMX Mall of Asia, Pasay City on Wednesday, the Chief Executive expressed confidence that the DAP will stand legal scrutiny. 

“Kakabasa ko lang sa Constitution, merong authority ‘yung sa savings to put to other uses, basta nandun sa ating budget. Nakatoka naman ang DAP… supposed to be for projects that are already authorized by Congress,” the President said. 

“Sa totoo lang, Executive ‘yung gagastos ng national budget at napaka-ingat natin kung paano ito gastusin dahil kailangan nating maipagtanggol kung tama ang paggugol ng kaban ng bayan,” he said. 

The DAP was launched by the Aquino administration in October 2011 to remedy the government’s expenditure shortfalls.

In a statement, Budget and Management Secretary Florencio “Butch” Abad said DAP releases are sourced from the overall savings of the National Government, which includes Unprogrammed Funds generated from windfall revenue collections, unreleased appropriations from slow-moving projects, terminated programs based on program evaluation of Zero-Based Budgeting (ZBB) studies, as well as the withdrawal of unobligated or unused allotments already released to government agencies.

Abad said releases sourced from DAP were used for quick-moving projects that directly supported the Aquino administration’s socioeconomic development platform, as articulated in the President’s Social Contract with the Filipino People.

As of October 1, 2013, DBM records show that a total of P137.3 billion has been released from the disbursement acceleration mechanism. This includes P82.5 billion in releases in 2011 and another P54.8 billion in 2012. At least 91 percent of DAP releases for 2011 and 2012 were channeled to projects under various government agencies and local government units.

Only nine percent of total DAP releases for the same period was released to projects identified by legislators.


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