THE Department of Budget and Management (DBM) has approved the release of P875 million to replenish the Quick Response Fund (QRF) of the Department of Social Welfare and Development (DSWD).

In a statement on Thursday, the DBM said the fund is chargeable against the National Disaster Risk Reduction and Management Fund under the 2024 General Appropriations Act.
The NDRRM Fund may be used as an additional funding source for the QRF of implementing agencies concerned when its balance reaches 50 percent, subject to the approval of the DBM.
As of October 30, DSWD’s available QRF balance has reached below the 50 percent threshold at P557.77 million or 31.87 percent of its current appropriations.
The DBM said the approval of DSWD’s request is crucial to enable prompt delivery of response and early recovery services and intervention under the Disaster Response and Management Program.
The requested replenishment is particularly intended for the procurement of various family food packs and non-food items for the stockpiling of relief resources in DSWD warehouses and the implementation of cash for work for the affected families of Typhoon Julian in Region I.
“We all know how important the role of the DSWD is in providing assistance and responding to the needs of our fellow citizens, especially with the series of calamities that have occurred. That’s why when they requested to replenish their QRF, we immediately addressed it,” Budget Secretary Amenah Pangandaman said. “This fund is a big help for the DSWD to continue providing assistance to families affected by the typhoon,” she added.