DBM Assists LGUs

The Department of Budget and Management has allocated 4.9 billion pesos for the provision of financial assistance to local government units to support their priority programs, especially infrastructure development.

The priority projects include the construction, rehabilitation or repair of roads, bridges, public markets, slaughter houses, multipurpose buildings and pavements, drainage canals, sea or river walls, water systems, evacuation centers, public parks, fish ports, and post-harvest facilities.

The fund may also be used for ambulances, trucks, mini dump trucks, or multicabs; for the implementation of sports programs and procurement of sports facilities; for street lighting or barangay electrification programs; and for financial assistance to mental health patients.

Interested LGUs may submit their request for funds to the DBM, together with the documentary requirements, on or before June 30, 2020.

Source: https://www.philstar.com/business/2020/02/07/1990931/dbm-allots-p488-billion-fund-assist-lgus