At the City Council public hearing yesterday on the unreleased IRA, the city government has opted to take out a loan from the government-owned Land Bank of the Philippines.
This is the most advantageous option available.
The Provincial Board of Pangasinan is going the same way in collecting its P79 Million IRA differential.
What to do with P142 Million? Another reader has posted a comment. Please check the sidebar. He wants roads to be paved in his village.
Update on Activities
Yesterday, I represented Mayor Rody Duterte at the opening of the new showroom of Canon Marketing (Philippines) at Bajada. The expanded sales and service center is proof of the imaging company’s growth in this part of the country. An executive from the company flew in from Singapore to grace the occasion. In my brief remarks, I said the city government adheres too in Canon’s philosophy – living and working together for the common good! Canon’s Philippine CEO Ramon Arteficio was somewhat surprised to hear these words from me. I told him I read it in their website. Canon’s Regional Head here is Nelson Perez. Visit them infront of the Davao City Water District.
Today, my office will host an orientation seminar on the Botika ng Barangay Project of the Department of Health. Last year, I partnered with DOH in helping 21 barangays set up their village pharmacies. The project does not only make affordable medicines available in communities but also help train BNB operators become entrepreneurs. DOH provides seed capital of P25,000 worth of medicines which the BNB must replenish with their sales. I am hoping another batch of beneficiary-barangays would be granted their BNB.
On Saturday, the National Coalition Against Child Labor in Commercial Agriculture will spearhead once again the marking of the World Day Against Child Labor in the city. I have been a permanent fixture in the activities of this coalition and so I was invited again to speak at its rally at the Almendras Gym. A march will precede the program from Rizal Park to the Gym.