New spending mechanism outside DAP discovered

THE Disbursement Acceleration Program (DAP) is not the only mechanism that the administration of President Benigno Aquino 3rd is using to fund government programs with multi-billion savings pooled by the government, the Senate finance committee discovered on Thursday.

According to Sen. Francis Escudero, at least P90 billion worth of savings that did not fall under the DAP was released by the government to fund various programs of different government agencies including the Commission on Elections (Comelec).