Capitol to allot another P100M in second round of Sugbo Negosyo

(File photo: Cebu Provincial Government's Facebook)
(File photo: Cebu Provincial Government's Facebook)

TO help more Cebuano entrepreneurs recover from the effects of the coronavirus disease 2019 (Covid-19) pandemic, the Cebu Provincial Government is planning to allocate another P100 million for the second round of the Sugbo Negosyo program.

“We are already planning for the next round (of Sugbo Negosyo). Another hundred million will be poured, atong ibubo sa ekonomiya sa Probinsya sa Sugbo,” Governor Gwendolyn Garcia said on March 24, 2021.

The provincial government is tentatively looking at July for the second round of the program.

The first round, which kicked off in December 2020, is about to end, according to Sugbo News. About 98.73 percent of the P100-million allocation has already been disbursed as of March 24, 2021.

(NRC)

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