MANILA, PIA — The Department of Budget and Management (DBM) reported that 92.5 percent of the 2015 allotments for government departments and agencies have been comprehensively released during the first quarter of the year. This is consistent with the objectives of the General Appropriations Act-as-Release-Document (GAARD) regime implemented at the start of 2014. DBM said the first quarter allotment releases from the GAA rose slightly in 2015 compared to 2014 levels with 80.4 percent of […]





