Wednesday, November 4, 2015

DBM: P94-B IN FUNDS RELEASED FOR YOLANDA PROJECTS



The Department of Budget and Management (DBM) announced today that a total of P93.87 billion has been released from 2013 to 2015 to fund projects for Typhoon Yolanda-hit communities.

Details of these fund releases and projects are now available on the DBM website (http://www.dbm.gov.ph/?page_id=14137). The data on the website shows the list of fund releases disaggregated per year and per implementing agency and another list of fund releases disaggregated per year and per implementing agency with details, such as Special Allotment Release Order (SARO), purpose, and fund source.


“The DBM communicates honestly and openly at all times regarding the fund releases we make pertaining to programs and projects of the government. Here are the facts on how much public funds we have released for Yolanda projects so far and where we sourced them in the budget for the years 2013, 2014 and 2015,” said Budget Secretary Florencio “Butch” Abad.

“Of the total requirement of P150 billion for rebuilding the communities hit by Typhoon Yolanda, we have released a total of P93.87 billion as of October 23, 2015,” the budget chief said.

Abad said these fund releases were charged against various funding sources in the General Appropriations Act (GAA) for fiscal years 2013, 2014 and 2015.

“The scale of the damage is unprecedented. And given that it was unforeseen, the total amount needed for the reconstruction efforts is not something that can be accommodated within the Calamity Fund. So we needed to find various funding sources within the budget,” said Abad, adding that the government moved to implement various measures to source funds for Yolanda response.

These measures include: extending the validity of the 2013 Budget to June 2014 via Joint Resolution No. 1; passing the Supplemental Budget in 2013 and allocating P14.6 billion in Calamity and Quick Response Funds to rebuild areas hit by Yolanda and other disasters; passing the Supplemental Budget in 2014 and allocating P10 billion for emergency shelters and permanent housing; introducing the Reconstruction and Rehabilitation Program, with a total of P21 billion in 2014 and 2015, for rebuilding efforts; doubling the Calamity Fund, from P7.5 billion in 2013 to P13 billion in 2014 and to P14 billion in 2015; introducing the "Build Back Better" policy not only to restore normalcy for Yolanda-affected communities but also make them more resilient to disasters; and leveraging the use of excess revenues to fund rehabilitation activities.
    
Abad also said that a total of P46 billion is allocated for Yolanda projects in the proposed 2016 budget. This amount is composed of P18.9 in Special Purpose Funds and P27.3 billion lodged in agency budgets. 

The amount of P18.9 billion is for the Yolanda Rehabilitation and Reconstruction Program (YRRP), the master plan to build back better infrastructure, livelihood support, resettlement, and social services.  This amount is part of the P38.9-billion National Disaster Risk Reduction Management Fund (NDRRMF), a Special Purpose Fund in the 2016 budget.

In addition to the P18.9-billion YRRP, the amount of P25.6 billion was lodged in the budget of the National Housing Authority (NHA) for the construction of housing units for Yolanda victims. Meanwhile, the amount of P992 million was lodged in the budget of the Local Water Utilities Administration (LWUA) and the amount of P660 million was lodged in the budget of the National Electrification Administration (NEA) for the installation of water and power lines in Yolanda-hit communities and resettlement sites.

To access the complete fund releases for Yolanda, visit: http://www.dbm.gov.ph/?page_id=14137

For inquiries, further questions and requests for interview, please contact:
OSEC-Public Information Unit 
791 - 2000 local 2602; 0908-869-8170; media@dbm.gov.ph

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