ABS-CBN
DOF to help finance post-Tino, Uwan rehab
The Department of Finance (DOF) is helping fund the Philippines' recovery from typhoons Tino and Uwan, and other recent calamities.
As of November 9, the national government had already released P17.85 billion out of the National Disaster Risk Reduction and Management Fund (NDRRMF).
Additionally, P13.96 billion has been released from the quick response fund as of November 10, which includes continuing appropriations from 2024.
The NDRRMF funds immediate aid, relief, and rehabilitation services after a calamity, while the quick response fund is a standby fund for the rehabilitation and recovery of communities affected by calamities.
The Department of Agriculture will receive P1 billion from the quick response fund to boost its recovery and rehabilitation programs in regions affected by recent tropical cyclones and the African swine fever.
The Department of Social Welfare and Development (DSWD) will receive P631.03 million for relief goods and emergency cash transfers to 58,962 families.
The Philippine Coast Guard (PCG) will get P53.01 million to speed up relief and search-and-rescue operations in calamity-hit areas.
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