The Notice of Cash Allocation (NCA) utilization rate of the national government was at 97 percent from January to September 2019, corresponding to PhP2.202 trillion out of PhP2.261 trillion in NCAs released for the period, data from the Department of Budget and Management (DBM) showed.
While the year-to-date NCA utilization rate as of end-September this year is similar to last year’s rate of 97 percent, both total NCAs utilized by the government and total NCAs released by the DBM were higher this year than last year by PhP119.313 billion and PhP112.190 billion, respectively. From January to September 2018, PhP2.083 trillion out of PhP2.149 trillion in NCAs was utilized by national government agencies.
Line departments utilized PhP1.587 trillion of the PhP1.646 trillion in NCAs released to them from January to September this year, equivalent to a 96 percent year-to-date NCA utilization rate.
NCA refers 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.