Davao del Norte, November 19, 2014 –
The Sangguniang Panlalawigan of Davao del Norte approved on Monday the 2015
Annual Budget of the Province of Davao del Norte in the amount of
PhP1,241,100,000.
Members of the Provincial Board on
their 46th Regular Session approved Provincial Ordinance No. 2014-004, enacting
the budget of the province for next year.
Governor Rodolfo del Rosario
expressed his gratitude to Vice Governor Victorio Suaybaguio, Jr. and the SP
members for their prompt approval of the measure.
He said the budget is crucial in
establishing a legacy of inclusive growth and sustainable and balanced
development for the benefit of all the Dabaonon people.
The annual budget, which is 11.99
percent higher than the previous year, projected expenditures to the various
sectors in line with the governor’s P.E.O.P.L.E. agenda.
Del Rosario said the budget supports
his administration’s over-arching goal of “making our communities adaptive to
climate change and resilient to disasters, while increasing the competitiveness
of our people, both in skills and products.”
As he puts it, his administration is
committed to effectively deploy scarce resources where they are needed the
most, built on strong foundations of transparency, accountability, and
efficiency.
Reflecting the governor’s human
development priorities, P70 million or six percent of the budget is allotted to
health, while P30.9 million (3%) will go to social services.
Education, culture, sports and human
resource development will also get P77 million (6%); economic services - P215.8
million (17%); economic enterprise P153.9 million (12%); and, general public
services - P614.4 million (50%).
The province further increased its
allocation for other purposes amounting to P78.8 million, which is 695% higher
than the previous year’s share of only P9,920,000.
A big chunk of the allotment for
other purposes is earmarked for the five percent calamity fund that adds up to
P62,055,000.00.
The disaster-resilience and
climate-adaptive financing seeks to build the defenses of the province against
the long-term and uncertain impacts of climate change. (Noel Baguio-PIO DavNor)
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