Friday 16 November
Powered by Ajaxy
May 16, 2018 @ 19:31

Diokno: More funding available for Boracay rehab


There’s enough leeway to fund additional works for the improvement of Boracay.

Budget Secretary Benjamin Diokno said there are still enough funds which can be tapped by agencies as they take on their respective rehabilitation and reconstruction works in the iconic tourist spot, following the orders of President Duterte.

“The budgetary requirements for the island rehabilitation may be sourced from the budgets of the government agencies involved,” Diokno said in a statement.

“Pending a consolidated budget request from Task Force Boracay, funds may also be sourced from the Contingent Fund or the Calamity Fund,” he added.

“Should agency programs or projects for the Boracay rehabilitation spill over into fiscal year 2019, agencies may also propose these in their Tier-2 budget proposals for the 2019 Budget.”

The six-month closure ends in October, but it may be extended when needed.

Please follow and like us:

Tags: , , , ,

Related Stories
All the agencies need to do is file budget requests for specific rehabilitation projects and
A fourth of the budget will go to science high schools and special classes.
The administration's economic managers have proposed nine measures to immediately address food supply issues to
The country won't sell its soul just to get some money.


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.