ILOILO CITY, Oct. 22 (PIA)-- The Iloilo provincial government assured that there is sufficient allocation for infrastructure projects and healthcare services in its 2021 budget.
In a media release, Iloilo governor Arthur Defensor, Jr. said that the proposed annual budget of P3,234,509,176 for 2021 that is anchored on the program "Rehabilitation and Transformation of the Province of Iloilo to Catalyze Recovery (RT-PCR)" shall have enough budget for infrastructure and health.
"We have a good amount of budget for infrastructure so we can substantially pave more provincial and barangay roads. And we can push our hospitals so we will have significant improvement on the state of our hospitals in 2020 and 2021," he said.
The budget has three major socio-economic features such as continuous improvement of health care services; improvement of local economy; and care for psychosocial well-being of the residents in the province.
It is broken down into four major sectors such as the economic sector with a share of P499 million (15 percent); social sector with P500 million (16 percent); general public sector with P1 billion (31 percent); and special purpose appropriations with P1.230 billion (38 percent).
The proposed fund for 2021 is six percent higher than the P3,029,873,051 approved budget in 2020.
An amount of P2.007 billion or 62.05 percent is allotted for the current operating expenditures (COE) while P1.227 billion or 37.95 percent is for the special purpose lump sum appropriations (SPLSA).
The COE covers the personal services and maintenance and other operating expenses (MOOE).
The SPLSA covers the 20 percent development fund; five percent provincial disaster risk reduction and management fund; aid to barangays; loan amortization; and local economic enterprise advances.
The development fund will be utilized to finance development projects such as road construction, water supply projects, environmental rehabilitation, pre and post-harvest facilities, solid waste management facilities, small irrigation, hospital upgrading, street lightings, day care centers and other related small infrastructure.
Of the P1.151 billion budget for the 11 district hospitals and 1 provincial hospital, P430.708 million or 37.4 percent shall be provided as subsidy from the general fund. (PICAO/JSC/LTP/PIA6 Iloilo)