MANILA, Philippines — The Commission on Audit (COA) has called out the Department of Social Welfare and Development (DSWD) over its unliquidated funds totaling P10.851 billion intended for beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps). On the other hand, the remaining P8.007 billion represents the unliquidated fund transfer for 2018. In a reply incorporated in the report, DSWD said that as of Feb. 28, 2019, the unliquidated fund transfers have been reduced to P5.076 billion, of which P2.307 billion represents past due balance and P2.768 billion for 2018 balance. The COA noted that from 2013 to 2018, the Land Bank conduits refunded the DSWD a total of P12.593 billion for the unclaimed cash grants of the beneficiaries. COA also reminded DSWD of its recommendation in previous annual audit reports to conduct an overall validation of 4Ps beneficiaries to ensure that only the poorest of the poor benefit from the program.

Source: Philippine Star July 19, 2019 19:07 UTC