1 week DBM issues rules on NDRRMC funds Manilatimes
THE Department of Budget and Management (DBM) has issued on Friday the guidelines for the release and utilization of the P7.50-billion National Disaster Risk Reduction and Management (NDRRM) Fund that local government units (LGUs) can tap following the recent natural calamities.
Budget Secretary Wendel Avisado. (Photo by Enrique Agcaoili) Budget Secretary Wendel Avisado explained the guidelines through the issuance of a local budget circular dated on Nov. 19, 2020 and posted on the DBM’s website Friday. In the circular, he said the 2020 General Appropriations Act provides that the P7.50-billion NDRRM Fund “shall be used for, ... more