DBM chief denies P160 billion marked ‘For Later Release' will be used in 2022 polls | Inquirer News
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DBM chief denies P160 billion marked ‘For Later Release’ will be used in 2022 polls

/ 01:02 AM July 15, 2021
Department of Budget and Management

Image from the DBM Facebook page

MANILA, Philippines — Funds marked “For Later Release” or “FLR” — a total of P160 billion, which is intended for cash aid and economic stimulus projects during the COVID-19 pandemic — will not be used for the 2022 national elections, Budget Secretary Wendel Avisado said in an interview over DZRH News on Wednesday.

“This is not connected with the elections because the elections are next year. These funds are for this year, 2021, and not for 2022,” he said in Filipino.

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Lawmakers had earlier suspected something unusual about the unused budgets. Sen. Franklin Drilon, for one, said that, as the 2022 elections nears, “politics is a consideration in the non-release of the P160 billion FLR budget items.”

In his radio interview, Avisado pointed out that the Department of Budget and Management (DBM) could not withhold funding.

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“We cannot withhold funds. Our job is to release them,” he said.

He added that there are two categories of funds to be released under the General Appropriations Act:

  • “For Comprehensive Release,” which may be disbursed upon the authorization of the departments involved
  • “For Later Release,” which can only be released with the president’s approval

Items marked FLR means that the money has been allocated, according to Avisado.

“But then, the DBM has no control of that and that would have to be forwarded to the Office of the President,” he said.

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TAGS: 2022 national elections, DBM, funds for later release, Wendel Avisado
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