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Cebu News

DBM warns LGUs of people offering release of IRA share

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The Department of Budget and Management recently warned all local officials not to deal with people, posing as DBM representatives and offering fast release of their long overdue share of the P17.5- billion Internal Revenue Allotment.

This amount, supposedly for the year 2000 and 2001, was set aside as unprogrammed IRA fund, an item that has no specific purpose or project to be implemented.

Its release however was withheld while its legality was questioned in court. Lately, the Supreme Court deemed it unconstitutional to place such fund under an unprogrammed status, and ordered it released to the intended LGUs.

After President Gloria Arroyo, in her Executive Order 494, ordered the release of the funds to the LGUs, reports had it that some people, in groups at times, who posed as DBM representatives offering local officials that they can facilitate the fast release of the fund to their respective LGUs.

The DBM regional office disseminated the warning to all governors, mayors, barangay chairmen and members of their respective Local Finance Committees, to be wary of these people. – Ferliza C. Contratista

vuukle comment

AFTER PRESIDENT GLORIA ARROYO

CONTRATISTA

DBM

DEPARTMENT OF BUDGET AND MANAGEMENT

EXECUTIVE ORDER

FERLIZA C

FUND

INTERNAL REVENUE ALLOTMENT

LOCAL FINANCE COMMITTEES

RELEASE

SUPREME COURT

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