More funds set for anti-poverty program-A A +A
Wednesday, July 2, 2014
A TOTAL of P125-million worth of new livelihood projects will be implemented in various provinces under the Community Fund for Agricultural Development (CFAD) component of the Mindanao Rural Development Project (MRDP).
The fund source will come from unutilized loan funds of MRDP's rural infrastructure (RI) subprojects, which were realigned to implement highly viable CFAD subprojects as well as expand ongoing subprojects.
"Following the World Bank implementation review last March, the Program came up with a priority list of subprojects which will be implemented between May to October," MRDP program director Lealyn Ramos said.
She added that these subprojects under the CFAD component are those short gestating subprojects that have a track record of being highly-viable. The Program also reviewed previous CFAD subprojects which were issued with Certificate of Availability of Funds (CAF) but were dropped due to foreign exchange fluctuations.
"We are closely coordinating with local government units (LGUs) on the pipeline subprojects to ensure availability of counterpart," she added.
Under the CFAD, LGUs are required to provide a counterpart of 20 percent, while the remaining funds are sourced from the World Bank loan and national government.
"To ensure the sustainability, the MRDP is conducting assessments of the functionality and viability of the people’s organization who are the beneficiaries of these livelihood projects," Ramos said.
Region XI obtained the largest allocation with P40-million worth of subprojects including mostly livestock production projects and potable water supply systems, small-scale fishing and crop production subprojects in the provinces covering the provinces of Davao del Sur, Davao del Norte and Davao Oriental.
Around P35-million worth of subprojects were allocated to Region 12. Some of these subprojects include improving rice production particularly black rice production and provision of pre- and postharvest facilities aside from crops and livestock production.
Rubber-based farming and crumb rubber processing comprise the bulk of the P30-million CFAD allocation in Region 13. Other new subprojects in pipeline for the region include sago flour processing in Agusandel Sur and the establishment of a cold-storage facility in Surigao del Norte.
Region 9 received an allocation of P10-million worth of subprojects while Region 10 and ARMM both received P2.5-million worth of subprojects.
The CFAD component has completed 3,523 subprojects with a physical accomplishment of 92 percent totaling P1.1 billion or 86 percent total fund utilization.
By August 2014, ongoing MRDP-CFAD subprojects are expected to be completed, while the new subprojects are expected to be completed in October 2014.
Recent data also showed that the subprojects reached a total of 175,666 beneficiaries, with 24 percent IP beneficiaries and 46 percent women beneficiaries.
Implemented by the Department of Agriculture and jointly funded by the World Bank and the national government, the MRDP is expected to be end by December 2014 paving the way for the new Philippine Rural Development Program (PRDP).
Under the PRDP, interventions will be geared towards market development and support of priority commodities and enterprises and developing a climate-resilient agri-fishery sector.
Published in the Sun.Star Davao newspaper on July 02, 2014.