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Senate finance body eyes P10B of NDRRM budget for Marawi rehab

/ 12:48 PM October 05, 2017

Senator Loren Legarda. FILE PHOTO

In light of the crisis in Marawi City, the Senate committee on finance has earmarked the P10 billion from the National Disaster Risk Reduction and Management (NDRRM) 2018 fund to the rehabilitation of the war-torn city in Mindanao.

Senator Loren Legarda said during her sponsorship speech before the Thursday’s Senate budget plenary debates that they support the move of the House of Representatives to help rebuild Marawi City.

“Speaking of Marawi, we support the move of the House to provide for the rehabilitation of the city, but we were firm in our stand that the budgetary allocation should be increased,” Legarda said.


“Thus, in the light of Marawi City’s current situation, we are making available 10 billion pesos of the National Disaster Risk Reduction and Management (NDRRM) Fund for 2018 for the city’s quick recovery, reconstruction, and rehabilitation,” she added.

The senator said the P10-billion fund is on top of the P5 billion given this year from the Contingent Fund and funds of different government agencies.

The Senate panel also allocated a P500-million subsidy for a loan facility for Marawi residents, under the auspices of the Land Bank of the Philippines (LBP).

“With this small, yet meaningful, allocation, we signal to all Filipinos that the Senate accords culture and the arts an important place in our budget priorities and would not allow cultural agencies–which provide nourishment to our national soul and identity–to be left behind,” Legarda said. /idl

Inquirer calls for support for the victims in Marawi City

Responding to appeals for help, the Philippine Daily Inquirer is extending its relief to victims of the attacks in Marawi City

Cash donations may be deposited in the Inquirer Foundation Corp. Banco De Oro (BDO) Current Account No: 007960018860.

Inquiries may be addressed to Inquirer’s Corporate Affairs office through Connie Kalagayan at 897-4426, and Bianca Kasilag-Macahilig at 897-8808 local 352,

For donation from overseas:

Inquirer Foundation Corp account:

Inquirer Foundation Corp. Banco De Oro (BDO) Current Account No: 007960018860

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TAGS: budget, Loren Legarda, Marawi, Marawi rehab, National Disaster Risk Reduction and Management, Senate
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