Legislator urges P20-B fund for Bicol rehab, recovery

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A SENIOR lawmaker has proposed the creation of Bicol Rehabilitation and Recovery Fund (BRRF) with an initial P20-billion budget for 2025, aimed at accelerating the recovery of the region, which suffered severe damage from Tropical Storm Kristine.

Drawing a parallel to the ad hoc commission created in the 1990s after the Mount Pinatubo eruption, he highlighted the urgent need for a dedicated fund to expedite the region’s recovery.

President Ferdinand Marcos Jr.had previously urged the Department of Public Works and Highways (DPWH) to reassess this project to address chronic flooding in the region.

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Article Details

Author / Journalist: Jovee Marie N. de la Cruz

Category: BusinessStartups

Markets: Philippines

Topics: Recovery Villafuerte Proposed Budget Funds Damage Fund Camarines Bicol Flooding Brrf

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 12:54:12 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23338849

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