ADVISORY 2023-023: VALIDITY OF INTER-AGENCY TRANSFERRED FUNDS (IATF) TO PS-DBM UNDER 2022 GENERAL APPROPRIATIONS ACT (GAA)
- Details
Pursuant to Section 3.3.2 of the National Budget Circular No. 587, which states: “Maintenance and Other Operating Expenses (MOOE) and Capital Outlays (CO) is valid until December 31, 2023,” the 2022 unutilized IATF may be used to purchase Common-Use Supplies and Equipment (CSE) items from the PS-DBM Virtual Store until December 15, 2023 to give way for PS-DBM’s Year-End Inventory activities.