“The NCA utilization rate hit 97% as of the end of the third quarter. This means that government agencies were able to use the cash allocations authorized to them to finance the delivery of public services,” said Budget and Management Secretary Benjamin E. Diokno. “It means that infrastructure agencies were able to pay contractors for the completion of much-needed public infrastructure. It means that funds have been disbursed for priority social programs, particularly in education, healthcare, and poverty-alleviation,” he added.

     The Department of Budget and Management (DBM) reported that as of end-September 2018, the utilization of Notices of Cash Allocation (NCA) stood at 97%. An NCA refers to cash authority issued by the DBM to agencies and operating units, through authorized government-servicing banks, to cover the cash requirements of programs and projects of the government.

      As of the end of the third quarter of 2018, NCA releases stood at PhP 2.149 trillion. Meanwhile, NCA utilization which combines cash disbursements and outstanding checks amounted to PhP 2.083 trillion, yielding a utilization rate of 97%.

    With regards to line departments, NCA releases for the same period reached PhP 1.575 trillion, while utilization hit PhP 1.509 trillion. This rounds out to an NCA utilization rate of 96% for departments.

    Meanwhile, under Special Purpose Funds (SPFs) NCA releases reached PhP 574.3 billion. Of this amount, PhP 573.8 billion was utilized or virtually 100%.

   The full report may be accessed in the DBM webpage through the following link: https://www.dbm.gov.ph/index.php/programs-projects/status-of-nca-utilization#2018.

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