NextGen Day

According to Acting Secretary Tina Rose Canda of the Department of Budget and Management (DBM), the government plans to distribute PHP6 billion for victims of Typhoon Odette by the end of the year.

Canda said PHP1 billion was paid to the local government units (LGUs) of typhoon-affected areas last Friday, and another PHP1 billion was issued Monday, citing President Rodrigo R. Duterte’s directives.

“Tapos maglalabas din kami bago matapos ang taon ng apat na bilyon parang ayuda para sa mga local government units na ipapahatid nila sa mga mamamayang naapektuhan ng bagyong Odette (Then we will release another PHP4 billion before the end of the year as financial aid to the local government units, which they

Canda stated that places that have been declared disaster areas as a result of Typhoon Odette, which authorities have described as the strongest storm to hit the country this year.

Regions IV-B (Mimaropa), 6 (Western Visayas), 7 (Central Visayas), 8 (Eastern Visayas), 10 (Northern Mindanao), and 13 (Western Visayas) are among them (Caraga).

The monies will come from a quick response fund rather than the catastrophe fund, according to Canda, because the latter has reporting requirements that will delay the budget’s instant distribution.

She explained that government agencies and departments have quick reaction funds, but because these monies are limited, the DBM supplements them after they reach a specific threshold.

She noted that the PHP2 billion released thus far came from the Office of the President’s contingency funds, with another PHP2 billion coming from a quick response fund.

The President has previously stated that he will raise PHP10 billion for the areas affected by “Odette.”

Unreleased funds will come from the PHP5.034 trillion national budget for 2022, which is due to be signed on December 28.

Canda said the monies pledged as relief for typhoon victims might be delivered on Jan. 3, 2022, the first Monday of the next year, if the proposed national budget for next year is finalized before the year ends.

Canda, on the other hand, stated that if the proposed national budget for next year is not approved before the end of the year, there will only be a minor change, but the funds will be accessible because the Philippines has a budget re-enactment rule.

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