— The provincial government of Bohol has allocated more than P819 million for various programs aimed at benefiting some 700,000 Boholanos during the coronavirus disease pandemic.
Bohol Provincial Planning and Development Officer Atty. John Titus Vistal said the budget can fund the various programs that aim to empower, capacitate and perk up individuals and organizations to reopen and resuscitate the local economy. Foremost among the interventions will be Bohol’s economic stimulus to pump-prime the MSMEs through a P200-million Surety Guarantee Fund for “Coopreneurs” and MSMEs. Conduit to this program include the Provincial Government’s Investment Promotion Center , Treasurers Office and Budget Office, LandBank of the Philippines and the Development Bank of the Philippines , Vistal bared.
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