The City Council has approved the local government’s PHP8-billion
Annual Investment Plan (AIP) budget for 2019 on Thursday.
Approved unanimously, the AIP budget was endorsed by the committees on planning
and development, and on laws and rules.
Councilor Ian Mark Nacaya, who chairs both committees, said the AIP allocation
constitutes the third annual component of the updated City Development
Investment Program (CDIP) for 2017 to 2019 consisting of programs, activities,
and projects of the city.
Under the AIP, Nacaya said PHP3.3 billion will be utilized for economic
development services, PHP2.8 billion for social development services, and
PHP1.9 billion for general public services.
Vice Mayor Renier Uy said the bulk of the AIP budget consists of economic
development services that will include programs for tourism and cultural
affairs, agricultural productivity, community development, and environmental
projects.
AIP will also fund the Oro Youth Development programs, City Sports and Cultural
Development, and City Housing and Health programs as well as the services and
programs for Indigenous Peoples (IP) and for emergency welfare and crisis
intervention. (PNA)
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