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The  Executive  proposes  the  adoption  of  one-year  validity  of  appropriations  under  the  2018 National  Expenditure  Program  (NEP).   According  to  the  Executive,  the  “policy  is  aimed  at changing  the  mind-sets  of  agencies,  which  defer  immediate  implementation  of  their  programs and  projects  authorized  under  the  annual  General  Appropriations  [Act],  given  the  two-year validity of such authorization.” (2018 NEP)  

Unexpended  appropriation  is  carried  over  as  Continuing  Appropriations  to  form  part  of  next year's  total  available  appropriations. The  two-year  validity  applies  to  Maintenance  and  Other Operating Expense (MOOE) and Capital Outlay (CO).  On the other hand, appropriations for Personal  Services  (PS)  for  the  payment  of  salaries,  benefits  and  other  compensation  are  valid only for the year that it was appropriated.>>read complete document

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer

 

 

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer

 

 

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer