COA flags MMDA for ₱1.02-B unused funds

MANILA, Philippines — The Commission on Audit (COA) flagged the Metropolitan Manila Development Authority (MMDA) for leaving P1.028 billion in unobligated funds from its 2024 budget due to delays in procurement and project implementation. Based on the MMDA’s 2024 audit report released this month, the agency disbursed only 75.25 percent of its total allotments or