Friday, July 4, 2014

DBM: DAP funding amounted to P136.75B from 2011-2012

From the Website of GPH - Government of the Philippines

DBM: DAP funding amounted to P136.75B from 2011-2012

The Department of Budget and Management (DBM) clarified that the recently reported total of P352.7 billion made at the disposal of the Executive branch through the Disbursement Acceleration Program (DAP) in just two years is grossly inaccurate.

DBM records as of December 31, 2013, show that only a total of P136.75 billion—P65.59 billion under the 2011 National Budget (R.A. 10147) and P71.16 billion under the 2012 National Budget (R.A. 10155)—was made available to fund high-impact priority projects under the DAP for the mentioned years. And the total amount actually used from this available fund, which was P114.58 billion, is even much lower than the P352.7 billion reported.

The DBM also corrected the reported P133 billion-worth of overall savings allotted for DAP for 2011 to 2012, as DBM records reflect overall savings of only P119.11 billion comprised of P52.35 billion and P66.76 billion for the 2011 and 2012 Budgets, respectively. Of this amount, it must be noted that only a total of P19.69 billion were pooled through National Budget Circular No. 541 which only pertains to unobligated allotments withdrawn from different National Government Agencies.

Furthermore, it should be clarified that the reported P219.73 billion generated from unprogrammed funds for the two years was just a projection. Only P17.64 billion was actually released for DAP-funded projects according to DBM records.

The inaccuracy in the reported figure for the unprogrammed funds may be a misinterpretation of what was presented in the General Appropriations Act (GAA) as projections versus what was available and what was actually used.

For the record, windfall revenues for 2011 and 2012 only amounted to P18.3 billion and P13.92 billion, respectively, for a total of P32.22 billion. That was the total available fund, not P219.73 billion which was the projection in the 2011 and 2012 GAAs. Of the P32.22 billion, only P17.64 billion of unprogrammed funds were released and utilized for DAP-funded projects.

GPH Website





Post a Comment