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.