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PIA Press Release

PGMA announces creation of special national public-private Reconstruction Commission

Tacloban City (October 14) -- Amid the increasing severity of typhoons and the magnitude of the devastation, President Gloria Macapagal Arroyo announced the creation of a Special National Public-Private Reconstruction Commission to study the causes of the weather abnormalities, what actions to take to prepare the country and the cost such actions will entail.

The announcement was made during the National Disaster Coordinating Council-Cabinet meeting was being held to assess the damage wrought by typhoons Ondoy and Pepeng.

The President said she signed the Order on Monday because of the magnitude of the impact of the recent calamities that hit the country in the midst of the global financial crunch that also affected the country's fiscal capacity.

The Commission is tasked to undertake a study on the causes, costs and actions to be taken in the wake of the three typhoons that wrecked great damage to the country.

It will also undertake the rehabilitation plan for wrecked infrastructure and other priorities; prioritize programs as well as oversee implementation of these programs.

The special commission that will be headed by a business leader will also raise funds, especially grants, to fund reconstruction. It will also serve as a clearing house for international assistance implemented by donors themselves using the cluster approach.

Furthermore, the Commission has also been tasked to request the United Nations and the World Bank to coordinate an international pledging session.

President Arroyo informed that somebody from the business community will head the commission. The President did not name who the Chairman might be, but she mentioned that Finance Secretary Margarito Teves and a religious leader will act as co-chairs, while certain other members of the Cabinet, representatives from business groups, non-government organizations here and abroad make up the board of directors. (PIA 8) [top]

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