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P6.8B calamity fund still available for this year – DBM

admin November 3, 2022

THE Department of Budget and Management (DBM) said Thursday government agencies involved in disaster response may use the P6.8-billion calamity fund that is still available for this year.

This, after the DBM gave an update on the status of the country’s national disaster risk reduction and management fund (NDRRMF), noting that the remaining fund balance for 2022 is PHP6,863,219,462.

“One cannot always predict the frequency, magnitude and impact of any disaster. But at all times, the DBM believes that it is always better to be prepared,” the DBM said in a statement.

“In the aftermath of natural disasters and other calamities, concerned agencies can tap on the remaining PHP6,863,219,462 in NDRRMF for the rest of 2022, subject to applicable provisions in the 2022 General Appropriations Act (GAA),” it added.

The statement came a day after President Ferdinand R. Marcos Jr. signed Proclamation 84 placing the regions of Calabarzon, Bicol, and Western Visayas, as well as the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) under a state of calamity for six months in the aftermath of Severe Tropical Storm Paeng.

Based on Proclamation 84, the four regions have been put under a state of calamity to enable the government and the private sector to hasten the rescue, recovery, relief and rehabilitation efforts.

The proclamation also aims to give the national government and the local government units (LGUs) enough time to appropriate funds for rescue, recovery, relief and rehabilitation efforts.

The DBM explained that the remaining PHP6.8 billion is part of the total PHP20 billion budget allocated for disaster risk reduction and management for this year.

“Please note that under the 2022 GAA, P19 billion was allocated for programmed appropriations in the NDRRMF, while PHP1 billion has been set aside for the Marawi Recovery, Rehabilitation and Reconstruction Program (MRRP),” it said.

Tags: calamity fund dbm

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Source: USD/PHP @ Thu, 7 May.

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