Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Tuesday, 21 November 2017 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << November 2017 >> 
S M T W T F S
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2007/04/04

Excess funds from foreign funded projects retained for RDC projects

By Minerva BC Newman

Cebu, Philippines (4 April) -- Some P4.6-million excess funds from the accounts of the Metro Cebu Development Project (MCWD-2), the Central Visayas Water and Sanitation Project (CVWSP), and the Central Visayas Regional Project (CVRP) is being eyed to fund other projects.

In a recent full council meeting of the Regional Development Council (RDC-7) in Bohol, RDC chairman, Oriental Negros Governor George Arnaiz said, the remaining amount will be used to fund other RDC projects instead of returning it to the national government.

Arnaiz added, "if we return the unused money to the national treasury, it would take quite sometime for the RDC to use these funds because according to DBM rules, another appropriations law is needed for the money to be used in other projects."

In the same meeting the RDC approved that the P4.6-million shall be used to fund other RDC-related projects that include an inter-agency study on the workers' exodus of skilled workers in Central Visayas for working abroad that will be initiated by the Dept. of Trade and Industry (DTI); four (4) day care centers and a school building in Tagbilaran City and other projects that may be proposed later.

The social development committee of the RDC chaired by Tessie Fernandez proposed that the funds will also be used for a shelter for "wife batterers" saying that most barangay officials can not enforce protection laws for women and children because they don't have a shelter for the husbands.

As can be recalled, MCDP-2 funded the construction and improvements of about 57km of roads in Metro Cebu, public markets of Mandaue and Talisay and the Inayawan Sanitary Landfill in Cebu City. The funds came from a loan that was funded from the Japanese government. The CVWSP and CVRP on the other hand, were AusAid assisted projects that funded environmental and ecological projects that ended in 1995.

The RDC concluded that instead of returning the P4.6-million to the national government, the council shall continue to exercise its supervisory powers over the projects that it will approve. (PIA-Cebu) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»Gov't promotes use of alternative fuels
»Women featured in social welfare forum
»Gov't mitigates hunger in RP
»Taiwanese fishing boat rescued at high seas
»Region XI families need P6,290 monthly income to survive
»Adventure racing, mix martial arts dominate latest Scoop forum
»Komentaryo: Pagkain para sa mga nagsisipag-aral
»Feature: Foreign debt reduction and the economy
»Great expectation for another power rate cut
»Transco ensures reliable delivery of electricity during 5-day holiday
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines