Inquirer
COA flags MMDA for ₱1.02-B unused funds
The Commission on Audit (COA) has flagged the Metropolitan Manila Development Authority (MMDA) for having P1.028 billion in unused funds from its 2024 allocation.
The MMDA disbursed only 75.25 percent of its total allotments or 82.42 percent of its obligations by year-end, according to COA's 2024 audit report.
The budget under-utilization was mainly due to delays in project implementation and procurement.
Projects like the Metro Manila Flood Management Project Phase 1 were affected by these delays.
Factors contributing to the delays included issues with consultant onboarding, COVID-19 restrictions, leadership changes, and administrative factors.
COA warned that the unutilized funds could lapse, potentially causing administrative delays and disrupting service delivery.
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