The Department of Social Welfare and Development (DSWD) is closely coordinating with the Commission on Audit (COA) to address the unliquidated funds under the Pantawid Pamilyang Pilipino Program (4Ps) and ensure that government resources are judiciously utilized, while maintaining a transparent and corruption free- program implementation. 

DSWD gives importance to the findings of the COA and ascertains that it is compliant to the specific recommendations provided by the audit agency.

As a manifestation of its continuing commitment to good governance and to more effectively address and expedite compliance to COA’s findings and recommendations, the Department created the Task Force Consolidated Annual Audit Report (CAAR). The CAAR will assist the Central and Field Offices in resolving the audit observations and findings.

In a letter signed by DSWD Secretary Rolando Joselito Bautista to COA and was received by the audit agency on April 20, 2019, it was mentioned that DSWD and Landbank of the Philippines (LBP) held a month-long reconciliation of records which largely decreased the remaining unliquidated balance from P10.851 billion to P5.076 billion. The unliquidated balance was further reduced to P3.4 billion, as of June 19, 2019.

As for the P8.007 billion unliquidated fund transfer in 2018, DSWD reported that the amount was significantly reduced to P987 million, as of June 2019.

Liquidation of the remaining balance is ongoing following Secretary Bautista’s directive to all Field Offices to conduct the immediate review, validation, and transmittal of documents to the DSWD Central Office for recording. 

DSWD assures the public that the funds will be released to the 4Ps beneficiaries.

Lastly, the Department has always adhered to transparency and accountability in its program implementation and in all its transactions as part of good governance. -30-