This chapter outlines the financial management processes across all levels of the program from national to regional and down to the community level for a clear understanding of roles, responsibilities and accountability mechanisms of the financial management system.
The overall implementation of the Program FM shall be divided into two: the DSWD Financial Management Division Chief of the field offices shall be responsible on the mainstreamed financial procedures and processes while financial planning and budgeting shall be under the direction of the Regional Program Manager or its equivalent, as designated by the Regional Director.
Table 1. Provides the breakdown of project cost by component by source and in Philippine Peso (Php) and US dollar (USD).
Table 2 presents the annual breakdown of project costs by component, expressed in