MANILA, March 25 -- The Department of Budget and Management (DBM) has approved the release of a combined P1.92 billion to the Department of Public Works and Highways (DPWH) and the Department of Agriculture (DA) for the implementation of flood control and farm-to-market road projects, respectively.
DBM Secretary Florencio Abad in a press report confirmed that P1.23 billion of the total amount was released to the DPWH to fund the implementation of flood management projects to mitigate perennial flooding, specifically in NCR and Region III.
Of the said amount, NCR will receive the bigger share amounting to P776 million, while Region III will receive P450 million, which includes allocations for the construction of additional roads, highways and bridges.
“We are making strategic investments in public infrastructure, including the rehabilitation and construction of flood-control systems to bolster our anti-flooding interventions ahead of the rainy season,” Abad said.
The fund release was sourced from DPWH’s overall savings in 2011 and 2012, in accordance with the agency’s Flood Management Master Plan, as earlier approved by the National Economic and Development Authority (NEDA) board.
Meanwhile, a separate release of P693 million was made to the DA for the repair, rehabilitation and construction of farm-to-market roads all over the country.
The release was charged against DA’s fund for the repair, rehabilitation and construction of farm-to-market road projects in designated key production areas under the 2013 General Appropriations Act.
Of the P693 million, farmer beneficiaries in Region IV will receive the highest share amounting to P164 million. This is followed by farm households in Region V, with an allocation amounting to P125 million and ARMM with an allocation of P75 million.
“As part of our strategy to invest more in agri-industries, we aim to provide better commercial accessibility for farmers’ goods and products through the development of these roads. In particular, the release to ARMM is in line with the Administration’s goal of supporting socio-economic growth and establishing better stability and peace in the region,” said Abad.
Abad also noted that fund releases for infrastructure and public construction projects are part of the Aquino administration’s drive to sustain the country’s economic gains and make growth more inclusive.
“We remain steadfast in our goal to boost our infrastructure spending to strengthen our economic base and support our bid for inclusive growth. The expansion of public construction in the country—whether in the form of farm-to-market roads or flood control systems—will not only help generate jobs and create a better environment for economic activity. It will also facilitate the timely and efficient delivery of public goods and services to more Filipinos,” he added.(DPWH)