Connect with us

Hi, what are you looking for?


Gov’t agencies’ cash usage falls to 95% in 2020

CASH UTILIZATION by government agencies fell to 95% in 2020 from 97% a year earlier, according to the Department of Budget and Management (DBM).

Utilization fell after government projects were disrupted by the pandemic, with the so-called “catch-up plan” implemented towards the end of the year not able to bring spending rates, as measured by the use of notices of cash allocation (NCAs), to 2019 levels.

The DBM said that the National Government’s NCA utilization was P3.648 trillion out of P3.853 trillion released in that period. In 2019, it used P3.234 trillion of P3.338 trillion.

An NCA is an authorization issued by the DBM to agencies informing them of the funds available for disbursement.

In the fourth quarter, government agencies used P1.093 trillion worth of NCAs for a 97% utilization rate. This utilization rate is identical to the performance in the fourth quarter of 2019, and higher than the 96% usage rate in the third quarter of 2020.

The fourth quarter NCA utilization rate means P204.789 billion worth of NCAs was not used by government agencies at the end of 2020.

Usage rates fell towards the second half of 2020 after lockdown restrictions hampered government projects and programs.

President Rodrigo R. Duterte signed Republic Act No. 11520 on Dec. 29 extending the validity of the 2020 budget for another year, allowing the government until Dec. 31, 2021 to use the funds that were not spent last year.

Separately, the DBM issued Local Budget Circular No. 133 on Jan. 18, a copy of which was published late Tuesday, allotting P350 million for the Local Government Support Fund – Assistance to Cities.

It ordered cities that plan to seek financial support from the fund to prioritize spending on construction and rehabilitation of green open spaces and infrastructure for active mobility, including parks, botanical gardens, bicycle lanes and walkways.

Local governments were instructed to submit their requests by June 30. — Beatrice M. Laforga

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



More than half of all Londoners have either started their own business or aspire to do so in 2023, compared to nearly a third...


The John Lewis Partnership has struck a £500m deal with the investment firm Abrdn to build 1,000 residential rental homes, redeveloping three sites already...


The first four scale-up visa licences have been approved by the Home Office three months after the scheme began, prompting lawyers to question the...


Barclays has been fined £8.4 million by the payments industry watchdog for failing to be transparent with retailers about the fees they were being...


Ministers have called on Britain’s biggest rail union to be “altruistic” and suspend strike action over Christmas and new year amid warnings that it...


Filipino writers, poets, and playwrights play an important role in countering and correcting falsehoods running rampant in an extremely polarized public sphere, said Dr....

You May Also Like


The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.