WATCH! Funds for the victims of Yolanda, not yet released

Typhoon Yolanda marked its third year anniversary last November 8, however billions of funds are not yet released.

According to a report from PTV News, the Aquino government failed to release P20 billion allocated for 2016 intended for housing assistance to typhoon victims.

Sen. Loren Legarda said the Congress allocated P25.6 billion housing assistance for Yolanda victims under the 2016 budget of the National Housing Authority (NHA) but the government had not released P20.7 billion as of June this year.

“In light of the commemoration of Yolanda anniversary, allow me first to put on record that we have allocated P25.6 billion housing assistance for victims of Supertyphoon Yolanda under the 2016 budget of the National Housing Authority (NHA). Unreleased funds as of June 2016 is 20.7 billion,” Legarda said in her speech last Monday.

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She also added that she hopes that the government could fast track the construction of permanent housing for the intended recipients.



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Apart from the NHA budget, Legarda said the National Disaster Risk Reduction and Management (NDRRM) Fund had P18.896 billion but P18.433 billion remained unreleased as of September 30.

[Source: PTV]