Monday, June 13, 2011

BUDGET CHIEF VOWS TO IMPROVE LEVEL OF SPENDING IN GOV’T


By Ronnel W. Domingo, Philippine Daily Inquirer

Executive departments and national agencies are expected to improve spending activities in the next few months as expenses so far this year continue to be lower than year-ago levels.

Budget Secretary Florencio B. Abad said on Monday that some agencies have, in fact, improved their disbursement performance in the five months to May, but others should still improve their spending level. [ FULL STORY ]