GOVERNMENT CENTER, PALO, Leyte-The Department of Public Works and Highways (DPWH) Regional Office VIII in Eastern Visayas has increased its absorptive capacity to 63% as of April 30, 2018, surpassing department’s monthly target of 57% for said month.
In a report released by the Finance Division, the DPWH offices has already surpassed six percent of the monthly target for obligating P22.8 billion of the P36.2 billion allocation for this year.
At least P8.01 billion has been disbursed or a rate of 22 percent or 2%, ahead of the 20% target for the month.
Of the 14 DPWH offices in the region, six of them met the absorptive capacity goal. The Leyte 4th District Engineering Office garnering the highest obligation ratio of 89%.
“This is in compliance to Secretary Mark Villar’s order for full implementation and full utilization of department’s budget,” said DPWH Regional Director Edgar Tabacon.
The absorptive capacity is determined by dividing the total obligation incurred with the total net allotment.
It is measured by the ability to obligate the allotments received from DPWH Central Office and Department of Budget and Management.
Of the 961 projects for 2018, at least 1 have been completed, while 431 are ongoing, and 529 are not yet started. As of May 2018, the region posted 10.10 percent accomplishment.
This year, the DPWH shifted its focus to widening the country’s existing road network to address traffic congestion and for improved movement of goods and services.
Among the projects with huge funding include the construction of bypass roads and diversion roads, connecting gaps along national roads, and flood control projects. (PR)