Cebu province pushes P18B budget for 2022

Cebu province pushes P18B budget for 2022

10/20/2021 5:47:00 AM

Cebu province pushes P18B budget for 2022

The Cebu Provincial Government is eyeing to allocate P18 billion in public funds as its budget for 2022, Gov. Gwendolyn Garcia said.

|October 20,2021 - 09:38 AMCDN Digital File Photo 2019CEBU CITY, Philippines – The Cebu Provincial Government is planning to allocate P18 billion in public funds as budget for 2022.Cebu Gov. Gwendolyn Garcia on Tuesday, October 19, told reporters they have already submitted the proposed budget to the Provincial Board for review and approval.

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Garcia said that the bulk of the budget is intended for the Capitol’s infrastructural projects, health services, and its COVID-19 recovery program.“P8.5 billion of that sa P18 billion kay is for the development fund. So naay sa mga hospitals, infrastructure, naay water system,” said Garcia during

Tuesday’s press conference.This is the biggest annual budget the Capitol has proposed so far, and it is P3 billion more than the P15 billion budget for 2021.In a separate interview, Provincial Board Member Glenn Anthony Soco confirmed that the executive department already submitted next year’s budget proposal. headtopics.com

Soco, who chairs the Committee on Budget and Appropriations, said deliberations will be made after the proposal is passed on first reading.“We intend to pass the resolution for first reading on our next regular session,” he added. Read more: Cebu Daily News »

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