Government spending dropped 7.7 percent in November from a year earlier, with data showing slower utilization of Notices of Cash Allocation (NCAs) by agencies, as well as reduced disbursements on non-NCA items, the Department of Budget and Management (DBM) said.
DBM data showed on Tuesday that government disbursements in November totaled P151.4 billion, P12.6 billion lower than the P164 billion recorded a year earlier.
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