Bulk of 2015 Budget Release in 1Q

More than 81 percent of the 2015 national budget or a total of PhP2.126 trillion has been released as of the end of the first quarter, the latest Department of Budget and Management (DBM) data showed.

Total disbursements as of the end of March included continuing appropriations under the 2014 general appropriations and the supplemental budget. The national budget for this year amounts to PhP2.606 trillion.

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Source: Philippine Daily Inquirer

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