In previous years, the underspending
rate was as high as 13.
This is a remarkable feat given the size of our budget and issues of underspending
in the past.
Based on our latest assessment of actual outturns vis-a-vis program levels, underspending
was reduced to P123.
She added that in the first seven months of 2015, underspending
was already "colossal" at R190 billion.
We need to find out the causes of underspending
because we allocate funds, the funds are earmarked for expenditures that should generate income, jobs and economic activity, but if it is not spent then there is a problem and so there is slower growth," she explained.
Robredo's staff blamed the underspending
on several factors, like manpower shortage and technical requirements.
The administration can easily save P30 billion in its expenditures to make up for any loss from tax reform, as shown by its underspending
in the last four years.
on capital programmes resulted in reduced borrowing by PS8.
The National Audit Office's (NAO) report found that the Department for Children, Schools and Families (DCSF) has built up the money after underspending
on its Building Schools for the Future programme (BSF).
6 million, with a total net underspending
of pounds 2 million.
But the underspending
has been defended by Cleveland's Chief Constable Sean Price.