Monday, January 11, 2010

Misocc 20% dev't fund approves

Misamis Occidental's 20% development fund amounting P 101, 600, 000 now ready to be implemented in different programs and projectsin the province after Sanguniang Panlalawigan members in thier first regular session of the year last January 8 has jointly and unanimously approved the request of Governor Leo Ocampos for a resolution in order to disburse the fund.

Ocampos' economic, cultural and social development programs share the biggest appropriation comprising more than 50% amounting P 51,000,000. Included in the programs are; "Kakugi ko, kalamboan ko, responsibilidad ko," productivity consciousness drive of Ocampos administration;water system projects and other infrastructure programs; scholarship and peace and order programs.Provincial lawmakers share P 10,400,000 for thier provincewide development program. Around P 8 million is also intended for health insurance for Philhealth beneficiaries of the province. Ocampos earlier announced that his administration aim to double its enrollees to Philhealth by having a 50-50 share between the province and beneficiary.

Ten million is also allocated for loan repayment in Land Bank of the Philippines and Development Bank of the Philippines.

Since the province is beneficiary ofdifferent foreign funded aids like AUSAIDS, USAIDS and EC grants, P 7,000,000 is intended for cash counterpart. For the maintenance and rehabilitation of provincial roads Ocampos provides P 5,000,000.

While the province's economic enterprise are still in the process of transforming itself into dependent on its operations not relying from the province's budget, Misamis Occidental Aquamarine Park shares P 3 M while Misamis Occidental Enterprise Development and Reasearh Center and Misamis Occidental Drug Treatment and Rehabilitation Center got P 1 M each.

As promised by Ocampos during its launching program program, Misamis Occidental Children's Welfare Code has an initial budget of P 3 M.

Remaining funds are budgeted for Gender and Development Center and Traffic Safety Management Program worth P 500,000 each; P 300,000 for the development of Hoyohoy Highland Park; P 200,000 for Women organization activities and P 100,000 each for Senior Citizen Assistance, Provincial Councilor's League, Federated Association of Barangay Council and Federated Sanguniang Kabataan activities and projects.

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