By CHINO S. LEYCO
Manila Bulletin
MANILA, Philippines — The Department of Budget and Management (DBM) said Monday that some government releases will be withheld from agencies if they fail to submit their budgetary reports for fiscal year 2012.
In a statement, Budget and Management Secretary Florencio B. Abad said that this plan aims to strengthen the Aquino administration’s drive for transparency and accountability.
“The DBM is very firm in enforcing the ‘no report, no release’ rule for the submission of Budget Accountability Reports (BARs). Agencies and departments that do not comply with this will not receive their releases from the Miscellaneous Personnel Benefits Fund (MPBF),†Abad said.
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