The Notice of Cash Allocation (NCA) utilization rate of the national government was at 92 percent from January to August 2019, corresponding to PhP1.802 trillion worth of NCAs used out of PhP1.961 trillion in NCAs released for the period, data from the Department of Budget and Management (DBM) showed.
Though total NCAs used as of August this year were lower by PhP9.510 billion than last year, this latest recorded year-to-date NCA utilization rate is higher than the recorded rate of 86 percent for the same period last year. From January to August 2018, PhP1.811 trillion worth of NCAs was used out of the PhP2.116 trillion in NCAs released to the national government agencies.
Line departments utilized PhP1.303 trillion of the PhP1.457 trillion in NCAs released to them for January to August this year, equivalent to an 89 percent year-to-date NCA utilization rate.
NCAs refer to the disbursement authority issued by the 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.