P15.5 billion calamity fund ready for El Niño

El Niño Berita

P15.5 billion calamity fund ready for El Niño
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Government agencies can still tap over P15 billion in disaster funds to mitigate the impacts of El Niño, the Department of Budget and Management (DBM) said yesterday.

MANILA, Philippines — Government agencies can still tap over P15 billion in disaster funds to mitigate the impacts of El Niño, the Department of Budget and Management said yesterday.

“We are prepared to support all operations that seek to cushion the negative impacts of the dry spell affecting various provinces in the country,” Budget Secretary Amenah Pangandaman said. According to the DBM, the available calamity fund balance comes from the 2024 budget and the remaining continuing appropriations from last year.

Apart from the calamity fund, the government also allocated P4.5 billion for the crop insurance program of the Philippine Crop Insurance Corp.Flex your summer! 4 must-do activities to make this sunny season your best yet A recent survey by a think tank found that many Filipinos prefer siding with the United States over China in the West Philippine...

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