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Thursday, June 8, 2023

Govt has P18.3B in calamity funds, says Budget chief

THE Department of Budget and Management (DBM) on Friday assured the public that funds are ready for disbursement as the government puts in place all contingency measures for Super Typhoon “Mawar” (international name).

In a statement DBM Secretary Amenah Pangandaman said the government still has some P18.3 billion in calamity funds, including the P1.5 billion carry over from last year’s budget, that can be used for various disaster relief operations until the end of 2023.

“Our government is prepared. We are ready to support all operations for disaster rescue and relief with the necessary budget. Identified frontline government agencies may mobilize their Quick Response Fund (QRF) allocated in their respective budgets,” she noted.

The QRF is a built-in budgetary allocation that represents pre-disaster or standby fund for agencies to immediately assist areas stricken by catastrophes and crises.

President Ferdinand Marcos Jr. had given assurances that pertinent government agencies will “continue to keep close tabs” on the weather disturbance to be locally called “Betty” once it enters the Philippine Area of Responsibility (PAR) this weekend.

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Author: Kristina Maralit

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