10 Things You Need to Know about Notice of Cash Allocation (NCA) and those seldom discussed during seminars
1. An NCA is a disbursement authority issued by the Department of Budget and Management (DBM) to the authorized government servicing bank (AGSB) of a government agency to cover its operating requirements (i.e., payment of salaries, allowances, and benefits of employees, payment of regular maintenance and operating expenses, payment of obligations on infrastructure projects, etc.) […]
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