Government allots over P225 billion for 2024 flood control projects – DBM

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Department of Budget and Management reveals the executive branch of government has allotted more than P225 billion for flood prevention projects. | JMangaluzINQ

Then, two projects will be supported by a loan from Korea Eximbank, the credit agency of South Korea.

Meanwhile, an appropriation of P1.397 billion is being proposed for Pampanga Integrated Disaster and Risk Resiliency Project.More than a billion pesos worth of flood control initiatives have also been recommended for Metropolitan Manila Development Authority . These figures are contained in the proposed National Expenditure Program DBM had submitted to House of Representatives.

“Under the MMDA budget, there’s also funding, but this is mostly in Metro Manila,” Pangandaman noted.ADVERTISEMENT The breakdown of 2024 programs of the Marcos administration to reduce flooding around the country is as follows:Pampanga Integrated Disaster and Risk Resiliency Project: P1.397 billionThe total amount of the whole campaign reaches P225.74 billion.The department’s budget recommendations comes shortly after Super Typhoon Egay brought torrential rains that ravaged a huge part of the country and caused widespread flooding across the archipelago.

Source: Healthcare Press (healthcarepress.net)

 

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