Budget Secretary Florencio “Butch” Abad cleared on Wednesday that the Disbursement Acceleration Program (DAP) funds was a temporary program by the executive branch and would “stop” if government spending fully became “accelerated.”
In the Poverty Summit at the Philippine International Convention Center, Abad told reporters that the DAP is only for acceleration of public spending to raise economic performance, which started in 2011 when the gross domestic product during the time was at a low 3.6 percent.
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