The Department of Budget and Management (DBM) has approved the release of a Notice of Cash Allocation (NCA) amounting to P12.259 billion for housing assistance for calamity victims and the payment of resettlement of informal settler families in Western Visayas. In a statement released on Thursday, DBM Secretary Amenah F. Pangandaman said the bulk of
The Department of Budget and Management has approved the release of a Notice of Cash Allocation amounting to P12.259 billion for housing assistance for calamity victims and the payment of resettlement of informal settler families in Western Visayas.
“Housing remains a priority for President Ferdinand R. Marcos Jr. as he strongly believes in the necessity of providing decent homes for Filipinos, particularly those adversely affected by calamities,” the budget chief said. Earlier, the DHSUD requested for an additional budget of P15.9 billion to finance its various programs in 2024, including the recent executive orders for the inventory of idle lands and Pasig River Rehabilitation issued this year.
Based on the initial estimate of the DHSUD, the additional budget was P16.203 billion. However, during the hearing, National Housing Authority General Manager Joeben Tai corrected the requested amount of his agency.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DBM releases more than P12.25b for gov’t housing, calamity projectsThe Department of Budget and Management (DBM) has given the go signal for the release of P12.259 billion in housing
Read more »
Why some Filipino women still shun modern contraceptive use • Cai U. OrdinarioMyths and misconceptions as well as shame and stigma are still among the reasons some women do not use modern contraceptives, according to the Commission on Population and Development (CPD). This has led to not just the rising pregnancies among 10 to 14 year olds, but also repeat pregnancies among 10 to 19 year olds.
Read more »
Court convicts ex-rural bank execs for violating NCB law • Cai U. OrdinarioTHE Regional Trial Court of Isabela has convicted the former director/president and other officers of the closed Rural Bank of Reina Mercedes (Isabela) Inc. (RB Reina Mercedes) for violating the New Central Bank Act. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the criminal cases that were filed accused the former director/president, general
Read more »
‘Better tax design key to funding development goals of countries like PHL’ • Cai U. OrdinarioBETTER tax design and stronger public institutions could allow emerging and low-income countries like the Philippines to finance their development goals and their climate transition, according to the International Monetary Fund (IMF). In a blog, IMF’s Director of the Fiscal Affairs Department Vitor Gaspar; Division Chief in the Fiscal Affairs Department, Mario Mansour; and Charles
Read more »
DBM releases more than P12.25b for gov’t housing, calamity projectsThe Department of Budget and Management (DBM) has given the go signal for the release of P12.259 billion in housing
Read more »
Court convicts ex-rural bank execs for violating NCB law • Cai U. OrdinarioTHE Regional Trial Court of Isabela has convicted the former director/president and other officers of the closed Rural Bank of Reina Mercedes (Isabela) Inc. (RB Reina Mercedes) for violating the New Central Bank Act. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the criminal cases that were filed accused the former director/president, general
Read more »