P9B allotted for poverty reduction projects

Manila Informer

THE government has allotted P9.02 billion for the implementation of priority poverty reduction projects to combat poverty and fulfill the Millennium Development Goals by 2015, the Department of Budget and Management (DBM) said Sunday.

The allocated funds were identified in a joint memorandum circular by the DBM, Department of Interior and Local Government (DILG), Department of Social Welfare and Development (DSWD), and the National Anti-Poverty Commission (NAPC). The circular outlined policy guidelines and procedures for implementing bottom-up budgeting in the 2013 budget preparations.

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