PPA BUDGET UTILIZATION RISES TO 83% IN 2022
07 MAY 2023, MANILA — Committed to providing modern, sustainable and resilient port infrastructures and facilities throughout the country, the Philippine Ports Authority (PPA) posts 83% budget utilization rate (BUR) in 2022, the highest in the previous years despite the challenges brought by the COVID-19 pandemic.
The 83% rate shows that PPA was able to maximize and implement responsible usage of its corporate budget with a huge increase in budget utilization rate comparing it from 71% in 2021 and 62% in 2020.