COA: Cebu province spent P3.2M in cash aid to LSIs

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CDNTopStories: The Cebu Provincial Government spent around P3.2 million as financial assistance to Locally Stranded Individuals (LSIs) during the height of the COVID-19 pandemic in 2020, state auditors reported. CDNDigital

CEBU CITY, Philippines – The Cebu Provincial Government spent around P3.2 million as financial assistance to Locally Stranded Individuals during the height of the COVID-19 pandemic in 2020, state auditors reported.recently released its 116-page 2020 Annual Audit Report for the Province of Cebu.

“The LSIs constitute among others, working students from the Province of Cebu but were stranded outside of Cebu, students with displaced parents, displaced workers, and those applying for work in LGUs outside of Cebu,” portions of the report stated.‘Unqualified Opinion’State auditors rendered an ‘unqualified opinion’ on Cebu province’s presentation of financial statements as of December 31, 2020.

COA flagged a total of 14 transactions the Capitol entered into during 2020 but most of these were of procedural or technical in nature. On the other hand, the state auditing body also noted that the provincial government was able to address 16 of the 37 recommendations they made in 2019.

 

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