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Government Still Financially Capable Despite Successive Calamities
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1 Articles
Government Still Financially Capable Despite Successive Calamities
The government remains financially equipped to sustain disaster response efforts despite successive calamities. Palace Press Officer Claire Castro said the Department of Budget and Management (DBM) has confirmed that even if allocations under the National Disaster Risk Reduction and Management (NDRRM) and Quick Response Fund (QRF) are fully exhausted, the government can immediately tap PHP12.005 billion from the Contingent Fund. “Kung mauubos ma…
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