MANILA, Philippines — At least 30 lawmakers have urged the House committee on public accounts to probe the unreleased funds under the Bayanihan to Recover as One Act or the Bayanihan 2 law.
In filing House Resolution No. 1558, the lawmakers noted that only 73.74% of the authorized appropriations have been released by the Department of Budget and Management (DBM) while the remaining unreleased items are still pending the approval of the Office of the President.
They also pointed out that utilization rates of funds of released funds have not been reported by implementing agencies.
“The delays in releases forego the opportunity to rescue the economy and correlate with a…
Keep on reading: Solons to House public accounts panel: Probe unreleased Bayanihan 2 funds