COA reports gov’t has P697 billion unutilized 2021 budget

MANILA — The latest Commission on Audit (COA) report showed that a total of P696.95 billion in unutilized or unobligated funds from the 2021 budget remains at the disposal of the national government when the new administration takes over.

This data was reflected in the “Annual Report on Appropriations, Allotments, Obligations and Disbursements of National Government Agencies” for 2021 which the COA uploaded on its website yesterday.

It revealed that only P6.076 trillion of the P6.145 trillion national budget appropriated by Congress for 2021 was actually allocated by the Department of Budget and Management (DBM) to national government agencies (NGAs), leaving unreleased appropriations of P69.27 billion.

However, only 88.53 percent or P5.38 trillion of the total allocations were actually obligated, leaving 11.47 percent or P696.95 billion unobligated or unutilized.

Obligated budget refers to the amount already set aside for payments of the NGAs’ various expenditures, commitments, transactions and obligations.

According to the audit body’s breakdown, P1.311 trillion of the obligated amount was for payment of personnel services; P1.961 trillion for maintenance and other operating expenses; P426.926 billion for financial expenses and P1.681 trillion for capital outlay.

The COA stated that only 88.82 percent or P4.778 trillion of the P5.380-trillion total obligated budget, was actually disbursed, leaving unpaid obligations amounting P601.72 billion, of which P155.44 billion was already due and demandable as of end of 2021.

On April 28, 2022, the copies of the report were submitted to the Office of the President, the Senate and House of Representatives.

The COA said the Departments of Finance (DOF), of Public Works and Highways (DPWH) and of Education (DepEd) reported the highest amounts of appropriations, allotments, obligations and disbursements.

Based on the COA records, P2.383 trillion of the P2.899-trillion budget allotted to the DOF was obligated, of which P2.347 trillion was actually disbursed.

Of the amount obligated by the DOF, P1.691 trillion was for debt servicing; P880.139 billion for financial assistance to local government units; P258.714 billion for budgetary support to government-owned and controlled corporations and P69.227 billion for “Finance proper” expenditures.

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