Marcos admin brings P339.8-M development funds to Cebu

MANILA, Philippines – The Marcos administration has delivered around P339.8 million in development funds to Cebu province for infrastructure and social development projects.

Executive Secretary Ralph Recto led the distribution of development funds as part of government efforts to bring services closer to communities, according to a statement released by his office on Friday.

The Office of the Executive Secretary (OES) said around PHP265 million under the Local Government Support Fund (LGSF) was turned over to Cebu Governor Pamela Baricuatro on Thursday through a Special Allotment Release Order.

The allocation will be used to finance the province’s critical projects in energy, healthcare, and farm-to-market road initiatives.

Recto also led the distribution of rice assistance to some 3,200 beneficiaries, including fisherfolk, solo parents, and senior citizens.

On top of the P265 million received by the provincial government, around P20 million sourced from the LGSF was also given to the municipal government of Cordova to support its infrastructure projects.

Recto also turned over P54.8 million under the Socio-Civic Project Fund (SCPF) to nine local government units in Alcoy, Aloguinsan, Balamban, Daanbantayan, Danao, Medellin, Toledo, Pinamungajan, and Sogod.

He likewise met with the presidential scholars, who will each receive P20,000 in education assistance.

Through the SCPF, each village is allocated P200,000, with half of the amount allotted to support five presidential scholars and the remaining funds for its priority projects.

“While this assistance provides immediate relief, it’s a small part of the services funded by the National Government,” Recto said.

“Local and national governments are united, and we will work together so our countrymen here in Cebu will benefit,” he added. (PNA)

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.