rich9 Gov’t has enough calamity funds for next typhoons – Chavez
CODVIP|CODVIP philippine video games|CODVIP Online Filipino Entertainment Games Home CODVIP CODVIP philippine video games CODVIP Online Filipino Entertainment Games
  • Home
  • CODVIP
  • CODVIP philippine video games
  • CODVIP Online Filipino Entertainment Games
  • rich9 Gov’t has enough calamity funds for next typhoons – Chavez
    Updated:2024-11-14 04:19    Views:182

    Closeup of hands of recipeints of cash aid

    (INQUIRER file photo)

    MANILA, Philippines — The government has sufficient calamity funds available for its use in response to upcoming typhoons until the end of the year, the Palace said on Monday.

    Presidential Communications Office Secretary Cesar Chavez made the statement during an ambush interview after the signing of the new law titled Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy Act.

    Article continues after this advertisement

    Chavez said the calamity funds usually run out around September each year.

    FEATURED STORIES NEWSINFO Storm Ofel gains strength; Luzon landfall forecast on Nov. 14 NEWSINFO Tropical Storm Ofel enters PAR, may reach typhoon status Nov 13 NEWSINFO ‘Count me out’ as Davao mayor, says ‘tired’ Duterte

    READ: Typhoon Nika now stronger, prompts Signal No. 4 in 7 areas

    Article continues after this advertisement

    But he also guaranteed that the government has adequate sources of funding.

    Article continues after this advertisement

    “In-assure tayo ng Department of Budget and Management na may pondo tayo,” he said.

    Article continues after this advertisement

    (The Department of Budget and Management assured us that we have sufficient funds.)

    “Totoo na nababawasan sya. Historically, as early as October, sometimes September, ang calamity fund ng national at local, nauubos na siya,” he noted.

    Article continues after this advertisement

    (It’s true that these funds get reduced. Historically, as early as October and, sometimes, even by September, the national and local calamity funds are already depleted.)

    “Pero laging may pagkukunan ng pondo ang gubyerno at may assurance mula kay DBM na may sapat na pondo para sa susunod na kalamidad hanggang sa katapusan ng December,” he added.

    (But the government have sources of funding, and there is an assurance from the DBM that there will be sufficient funds for upcoming disasters until the end of December.)

    As of 8 a.m., the Philippine Atmospheric, Geophysical and Astronomical Services Administration said Typhoon Nika (international name: Toraji) further intensified as it approached the boundary of Isabela and Aurora.

    Your subscription could not be saved. Please try again. Your subscription has been successful.

    Subscribe to our daily newsletter

    SIGN ME UP

    By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

    READ: 2 more weather disturbances may affect PH in coming days

    The typhoon was last spotted over the coastal waters of Dilasagrich9, Aurora, carrying maximum sustained winds of 130 kilometers per hour (kph) and gustiness of up to 180 kph while moving west northwestward at 15 kph.

    READ NEXT Nika forces evacuation in Aurora due to intense rains, winds  Palace reminds contractors to gear up for calamity response EDITORS' PICK Jordan Heading finally headed to PBA to play for Converge Mattel mistakenly links X-rated site to ‘Wicked’ movie dolls, regrets unfortunate error Trump ramps up transition moves with key appointments Miss International 2024 Live Updates IN PHOTOS: Fluvial procession of Nuestra Señora de Regla in Lapu-Lapu, Cebu Questions ‘Arcane’ Season 2 Act 1 left us with MOST READ Comelec to decide on removing regulation of private social media accounts Royina Garma, daughter arrested, detained in California – DOJ BTr fully awards T-bonds Ofel now a severe tropical storm, to steadily intensify over 3 days Follow @FMangosingINQ on Twitter --> View comments

    上一篇:lucky cola Forming BINI’s docuseries was a ‘labor of love,’ says co-creator Jeff Canoy
    下一篇:pwbet gaming Palace reminds contractors to gear up for calamity response