CAGAYAN DE ORO

Oro allocates P500M in fight vs Covid-19

THE Cagayan de Oro City Government will allocate some P500 million in its campaign against the coronavirus disease (Covid-19), Mayor Oscar Moreno said.

Moreno on Saturday, March 28, said the City Development Council has approved the resolution to allocate around P500 million to fund its efforts against the spread of the virus.

“We had our meeting with the executive committee sa City Development Council wherein we took up certain items and one of the items was a proposed allocation of mga P500 million para tabang panagang and hopefully maka address sa mga needs,” Moreno said during the regular press conference on Saturday.

The city mayor also clarified that the city’s budget will remain at P7.5 billion, adding that they will have to make some adjustments in order to get the P500 million allocation for Covid-19 concerns.

“In the approval of the budget, some realignments will have to be approved as well so that the total amount of the budget will still be P7.5 billion. But this time naay concentration para sa health, relief, and stimulus package for the city,” Moreno said.

The P500-million supplemental budget will still need to be approved by the City Council.

However, Moreno assured that all urgent necessities are already funded.

The city mayor added that P121,000 was released for each of the village.


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