P16B in calamity funds released
CALAMITY FUNDS released to government agencies as of end-August stood at P16.66 billion, the Department of Budget and Management (DBM) said.
In an update, the DBM said National Government agencies received the bulk or P16.16 billion of the fund release as of end-August.
Broken down, the Department of Public Works and Highways (DPWH) received the biggest allocation at P9.84 billion, followed by the Department of Social Welfare and Development (DSWD) at P5.51 billion.
Of the total, P374.97 million went to the Department of Human Settlements and Urban Development, P343 million to the Department of Finance, and P100 million to the Department of National Defense.
Some P499.94 million was allocated to government-owned and -controlled corporations. Under which, the National Irrigation Authority received P450 million, while the National Housing Authority was given P49.94 million. — Beatriz Marie D. Cruz