August 23, 2024
Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian underscored the substantial improvement of the agency’s budget utilization rate during the House Committee on Appropriations’ deliberation of the DSWD’s 2025 proposed budget on Wednesday (August 21). “We did a comprehensive housekeeping by conducting a thorough review of our processes and implemented significant improvements. We are pleased to report that the DSWD has made substantial progress in financial management,” Secretary Gatchalian said in his opening presentation. Secretary Gatchalian told House solons that the DSWD’s obligation rate in July 2023 was only 39 percent, with a disbursement rate of 67 percent. […]