Tue. May 11th, 2021
DBM releasing ₱1.5B additional funds to typhoon-hit LGUs
(Photo Courtesy: Senator Bong Go)

The Department of Budget and Management (DBM) has augmented the budget of the National Disaster Risk Reduction Management Council (NDRRMC) by P10 billion, assuring local government executives adequate budget for the rehabilitation of areas affected by the recent typhoons.

DBM Secretary Wendel Avisado said President Rodrigo Duterte ordered the immediate release of additional funds for local government units (LGUs), particularly those affected by Typhoon “Quinta,” followed by Super Typhoon “Rolly” and then by Typhoon “Ulysses,” he said during the Public Briefing program aired over PTV on Tuesday.

Avisado said the remaining funds of the National Disaster Risk Reduction Management Council (NDRRMC) stands at about P6.8 billion, which is not enough for the needs of typhoon-hit areas.

The DBM has supplemented this by about P10 billion, Avisado said.

He said there was also a suggestion to extend financial assistance to local government units (LGUs) affected by Quinta and Rolly to augment their calamity fund, with the budget charged against the NDRRMC.

He said the funds will be released within the week.

“This is equivalent to 1 percent of their (LGUs) IRA (Internal Allotment Fund) and we take into consideration the estimated amount of damage and number of affected populations as reported by both the OCD (Office of Civil Defense) and the DSWD (Department of Social Welfare and Development),” he said.

Avisado said the funds will be disbursed directly by the Bureau of the Treasury (BTr) to the LGUs’ Modified Disbursement Account or system account through the Landbank of the Philippines (Landbank), Development Bank of the Philippines (DBP), or Philippine Veterans Bank.

LGUs that are qualified for this fund augmentation include Albay, Quezon, Camarines Sur, Catanduanes, Oriental Mindoro, Batangas, Sorsogon, Occidental Mindoro, Laguna, Marinduque, Cavite, Rizal, Camarines Norte, Masbate and Romblon.

Avisado said the same fund augmentation will be extended to LGUs in Cagayan Valley.

“And we will recommend, again, the amount that will be allotted for these provinces and regions to the Office of the President for approval,” he added. JONATHAN ARACELI FOR SOVEREIGNPH

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