Notice of Cash Allocation (NCA) utilization of the national government reached a total of PhP1.569 trillion in the period of January to July 2019, equivalent to 93 percent of the PhP1.688 worth of NCAs released, data from the Department of Budget and Management (DBM) showed.
The 93 percent year-to-date NCA utilization rate recorded in July this year is a vast improvement over the 73 percent rate for the same period last year, though total NCAs used as of July this year are lower by PhP25 million . From January to July 2018, PhP1.594 trillion worth of NCAs was used out of the PhP2.033 trillion in NCAs released to the national government agencies.
Line departments were able to use PhP1.153 trillion of the PhP1.244 trillion in NCAs released to them for January to July this year, which is also equivalent to a 93 percent NCA utilization rate.
NCAs refer to the disbursement authority issued by the Department of Budget and Management (DBM) to cover the cash requirements of the operations, programs, and projects of government agencies. A higher NCA utilization rate demonstrates the capacity of line agencies to timely disburse their allocated funds and implement their programs and projects.