MANILA, Philippines —Budget utilization of state agencies rose in the first month of the year, as the Marcos administration learned its lessons from last year’s underspending that crimped government contribution to economic growth. The cash utilization rate stood at 70 percent in January 2024, data from the Department of Budget and Management (DBM) showed. This
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.