ILOILO - The Department of Interior and Local Government (DILG) is awarding this province with P7-million Performance Challenge Fund (PCF) for getting last year’s Seal of Good Housekeeping.
The subsidy will be released upon the signing of Memorandum of Agreement between Governor Arthur Defensor Sr and DILG Regional Director Anthony Nuyda later this month.
Defensor already asked the Sangguniang Panlalawigan to grant him the authority to sign the agreement and it is expected to be bestowed to him by Tuesday during their regular session.
The P7-million is intended for the improvement of core road network of Iloilo to boost local tourism and other projects that can spur economic development.
Specifically, the financial support will fuel the construction and concreting of Cabugao-Banban-Tuyungan Road in Barangay Cabugao, a village where some of the indigenous people of Calinog town are living.
PCF is a flagship program of the DILG that helps stimulate LGUs to put premium on transparency and accountability to enable them to avail themselves of financial support to jumpstart and sustain local socio-economic development initiatives supportive of national government goals and priorities.
Other recipient LGUs can use the fund to finance projects in compliance with the Philippine Disaster Risk Reduction and Management Act 2010 and Ecological Solid Waste Management Act of 2000.