Tuesday, September 09, 2008

News: Libjo mayor "loses" P2-M a year

Libjo Mayor Lamberto Llamera claimed that his administration is losing a sizable amount of P2 million a year as local cash counterpart for the KALAHI-CIDSS Project, a flagship anti-poverty project from the government implemented by the Department of Social Welfare and Development.

However, he affirmed that every amount is worth it since development is felt as various facilities are in the works at the different barangays in this mineral-rich town of the Province of Dinagat Islands.

"With the present economic problem which is widely felt even in other parts of the world, I think it is just wise to invest with projects like the KALAHI- CIDSS. If we only rely with our municipal IRA (internal revenue allotment), these sub-projects now would not have been possible," the town mayor said in during an inauguration ceremony conducted early this week. More ...

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