The Negros Occidental Provincial Development Council yesterday approved the P6.8 billion 2017 Annual Investment Program of Negros Occidental, and allocations from the 2017 Internal Revenue Allotment share of the province for projects and loan payments.
The Negros Occidental IRA share for 2017 is P2.832 billion, which is higher than last year's P2.575 billion.
Of the P2.832 billion IRA for 2017, P566.5 million will be allocated for the 20 percent Provincial Development Fund, Provincial Planning and Development Officer Marlin Sanogal said.
The PDC members, who met at the Capitol in Bacolod City, approved the allocation from the 20 percent Provincial Development Fund of P205 million for the payment of the provincial government's loan amortizations and P361.5 million for projects and programs for 2017, Sanogal said.
Meanwhile, Sanogal said the P6.8 billion AIP is a master list of projects and programs for 2017 coming from the different departments of the provincial government.
Although the provincial government will not have P6.8 billion available to fund all the proposals for 2017, they are included in the AIP for implementation subject to availability of funds, Sanogal said.
That means because the projects are already on AIP list should funds become available they can be implemented by the provincial government next year, she said.
The AIP is broken down as follows: Economic Development Sector - P4 billion, Environment Development Sector – P84.9 million, Infrastructure Development Sector – P1.2 billion, Social Development Sector – P641.8 million and Institutional Development Sector P840 million.
Among the largest allocations for proposed projects were from the Office of the Provincial Agriculturist at P1.39 billion and the Provincial Engineer's Office at 1.2 billion.*CPG
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