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Day: October 20, 2021

DOF chief taps youth for fresh ideas in fight vs. climate change

Department of Finance (DOF) Secretary Carlos Dominguez III has called on young innovators to contribute their skills and ideas in the fight against climate change, and spearhead efforts to educate and motivate the country’s youth to take action in protecting the planet’s future. Dominguez said fresh ideas from young minds will help the newly appointed National Panel of Technical Experts (NPTE) of the Climate Change Commission (CCC) implement “achievable, coherent, concerted, and compelling climate action programs on the ground.” “We have no time to waste. We have to act now to build the resilience of our communities, reverse the degradation,

Duterte assures transparency in Marawi rehab funds

President Rodrigo Duterte has vowed transparency in the use of government funds for the rehabilitation of war-torn Marawi City. Duterte assured that government resources would go to the intended projects to build back the city that was freed from Islamic State-linked terrorists. After a video presentation showing completed infrastructures in Marawi City was aired during his talk on Tuesday night, Duterte emphasized the need to report on these accomplishments because Filipinos deserved to know how the government is spending taxpayers’ money. “Kaya lang nandito kami in this program because sinabi ko sa inyo ipapakita ko kung saan yung pera ninyo

Over P3-B BDP projects in 191 Caraga region villages get nod

A total of PHP3.040 billion worth of projects under the Support to Barangay Development Program (SBDP) are already approved for implementation in Caraga Region. The approved SBDP projects were presented by the Department of Interior and Local Government in Caraga (DILG-13) during the conduct of the one-day Summative Evaluation of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) on Wednesday (Oct. 20) here. The activity also reported the significant accomplishments of the continuing efforts of the government in defeating the insurgency in the region from June 2019 up to the present. “Caraga Region is the second-highest recipient

BSP eyes another program to strengthen coop banks

Another program aimed to further strengthen cooperative banks (coop banks) is now “under consideration,” Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. During a virtual briefing streamed through BSP’s Facebook page on Wednesday, Diokno said the central bank approved a strengthening program for coop banks in August 2011, referring to the Strengthening Program for Cooperative Banks (SPCB). The five-year program, which ended in September 2016 after a one-year extension, aims to improve the sector through mergers and consolidation as well as allowing “white knights” to acquire barely surviving coop banks. White knights is a third party that will acquire

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