Only two government agencies have received their 2024 Performance-Based Bonus (PBB) funding as of November 6, according to the Department of Budget and Management (DBM). The DBM released the Special Allotment Release Order (SARO) on October 29 for Central Luzon State University.
The PBB program is designed to reward government agencies based on their performance. As of the latest update, 313 agencies remain unpaid. The delay in disbursement has sparked concerns among officials and employees.
The PBB funding is part of the government’s fiscal strategy to improve public service delivery. The delayed payments have raised questions about the efficiency of the budget allocation process. The DBM has not yet provided an explanation for the slow release of funds.
This delay follows previous reports of late payments in 2023. The PBB system aims to ensure transparency and accountability in government spending. However, the current situation highlights ongoing challenges in the financial management of public funds.
The situation underscores the need for improved coordination between the DBM and other agencies. The delayed payments could impact the ability of government workers to meet their financial obligations.
The PBB process is a key component of the government’s performance management framework. The slow progress in 2024 has raised concerns about the effectiveness of the system. The DBM is expected to address the issue in the coming weeks.
