A total of P42.657 billion in projects have been lined up under the strategic action plan for rehabilitation efforts in the aftermath of floods brought by tropical storm Sendong in December last year. But six months after the tragedy only P3.17 billion or 7.43 percent of this amount is available, according to a report by the National Economic Development Authority-10.
A report last month by the Regional Development Council 10 (RDC 10) said only 108 projects were covered by the P3.17-billion available budget. These projects have either been completed or were ongoing, the RDC said.
The rest are either unfunded (P37.317 billion), partially funded or needing additional budget (P1.569 billion), or for approval (P605.108 million).
The bulk or P2.25 billion of the P3.17-billion fund went into social intervention projects, with 60.4 percent implemented in Cagayan de Oro City and 36.4 percent in Iligan City.
Leon Dacanay Jr., NEDA 10 regional director, cited in his report to the RDC’s 93rd Full Council Meeting on May 17 that the status of funding from the national government, local government units, and other partners was estimated “to determine the remaining SAP investment requirements that may be proposed for funding by official development assistance (ODA) sources.
NEDA regional offices serve as secretariats to the RDCs.
Infrastructure comprised the bulk of the unfunded projects (79.1 percent or P29.523 billion), followed by the social sector (P8.43 billion), economic sector (P1.03 billion), and macro-development and governance intervention (P256.3 million). [W
