The Notice of Cash Allocation (NCA) utilization rate of the national government was at 93 percent from January to October 2019, corresponding to Php2.448 trillion out of Php2.638 trillion in NCAs released for the period, data from the Department of Budget and Management (DBM) showed.
Line departments utilized Php1.772 trillion of the Php1.956 trillion in NCAs released to them from January to October this year, equivalent to a 91 percent year-to-date NCA utilization rate.
As for NCA released for Budgetary Support to Government-Owned and -Controlled Corporations, 97 percent was utilized. Meanwhile, NCA released for Allotment to Local Government Units was fully utilized.
This latest NCA utilization rate is a marked improvement over the 81 percent rate registered as of end-October last year. From January to October 2019, the DBM released Php2.877 trillion in NCAs to national government agencies, of which only Php2.338 trillion was utilized.
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 quickly disburse their allocated funds and implement their programs and projects.