BORACAY ISLAND—The P1.3-billion fund for the rehabilitation of Boracay has not been released more than five months after the island was shut down, officials said. The DBM, in a statement, said agencies had sufficient funds to support rehabilitation projects in Boracay. Use your funds“The agencies in charge with (sic) the rehabilitation of Boracay have current funds in their 2018 budget, which they can readily use,” said the DBM statement. “We emphasize that augmentation will come only if the current budget of agencies is insufficient,” it added. He said some agencies, which were using their savings, still needed to request the DBM realignment of the funds.

Source: Philippine Daily Inquirer October 02, 2018 21:33 UTC