As of April 15, 2021, the Department of Budget and Management (DBM) has released a total of P646.97 Billion to support the implementation of various projects, activities and programs (P/A/Ps) in response to the COVID-19 pandemic under the Bayanihan Laws.
Of this amount, P387.17 Billion was released pursuant to Republic Act (RA) No. 11469 or the Bayanihan to Heal as One Act (or Bayanihan I). Implementing agencies reported that they have already obligated P358.24 Billion and disbursed P339.65 Billion, thus corresponding to a 92.53% obligation rate and 94.81% disbursement rate, respectively.
Releases under RA No. 11465 or the Bayanihan to Recover as One Act (or Bayanihan II), meanwhile, has amounted to P259.80 Billion. Of this, P132.65 Billion has been obligated with only P93.31 Billion disbursed based on agency reports submitted to the DBM. This translates to a 51.06% obligation rate and 70.34% disbursement rate.
In addition to the releases made to support the Bayanihan Laws, the DBM has also released P6.46 Billion for various COVID-19 P/A/Ps upon the expiration of Bayanihan I, with P4.17 Billion already obligated (64.56%) and P3.22 Billion disbursed (77.28%) as of April 15, 2021. Said releases were charged against regular funds under the FY 2020 GAA.
Agencies may still utilize fund releases sourced from the FY 2020 GAA until December 31, 2021 pursuant to RA No. 11520. Meanwhile, fund releases charged against Section 10 of RA No. 11465 are still valid for obligation and disbursement until June 30, 2021 by virtue of RA No. 11519 which extended the availability of appropriations authorized under the Bayanihan II Law. Upon the expiration of the Bayanihan Laws, all unreleased appropriations shall lapse while undisbursed funds shall revert to the unappropriated surplus of the General Fund.
The DBM report on releases under the Bayanihan Laws can be accessed via https://www.dbm.gov.ph/