Thread by @factcheckPH_AE, FALSE: DBM already released 77.4% of the 2020 Nat'l budget. The Office [...]

Fact-Check PH

factcheckPH_AE

FALSE: DBM already released 77.4% of the 2020 Nat'l budget. The Office of the President presumably received P6.34B funds, which is 77.4% of P8.2B OP's total funds (P4.5B Confidential & Intelligence).

READ: https://business.inquirer.net/292869/dbm-77-4-of-2020-budget-released-at-end-february https://twitter.com/pnagovph/status/1248002437148884993

The latest DBM data showed that 77.4 percent of this year’s budget were received by government agencies, including other automatic appropriations, during the first two months, a jump from only 51.8 percent in January. via @inquirerdotnet

READ: https://business.inquirer.net/292869/dbm-77-4-of-2020-budget-released-at-end-february

DBM: 77.4% of 2020 budget released at end-February | Inquirer Business

The Department of Budget and Management has already released over three-fifths or P3.17 trillion of the P4.1-trillion 2020 national budget at end-February.

https://business.inquirer.net/292869/dbm-77-4-of-2020-budget-released-at-end-february

For funds under the 2020 General Appropriations Act (GAA) or Republic Act (RA) No. 11465, allotment releases from January to February amounted P1.92 trillion or 67.3 percent of the P2.85-trillion program. via @inquirerdotnet
READ: https://business.inquirer.net/292869/dbm-77-4-of-2020-budget-released-at-end-february

DBM: 77.4% of 2020 budget released at end-February | Inquirer Business

The Department of Budget and Management has already released over three-fifths or P3.17 trillion of the P4.1-trillion 2020 national budget at end-February.

https://business.inquirer.net/292869/dbm-77-4-of-2020-budget-released-at-end-february

The office of the President is listed under General Appropriations Act FY 2020 with UACS Code.
Check: https://www.dbm.gov.ph/index.php/budget-documents/2020/general-appropriations-act-fy-2020/general-appropriations-act-fy-2020-with-uacs-code

The DBM has P946.672 billion left to release over the last 10 months of the year via @bworldph
READ https://www.bworldonline.com/release-rate-from-2020-budget-76-9-at-end-february-dbm/

Additionally, Duterte's confidential and intelligence funds of P4.5B is higher than the intelligence funds of both Defense and PNP with P2.506B combined funds.
READ: https://www.rappler.com/newsbreak/in-depth/238933-where-will-money-go-2020-budget

2020 budget: Where will the money go?

Most departments gain substantial increases in 2020's P4.1-trillion national budget, as the government recuperates from the effects of the 4-month budget delay in 2019

https://www.rappler.com/newsbreak/in-depth/238933-where-will-money-go-2020-budget

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