PDRRMC approves 2021 LDRRMF Annual Investment Plan
BONTOC, Mountain Province, Sept. 9 (PIA) –Members of the Provincial Disaster Risk Reduction and Management Council (PDRRMC) here has approved the Local Disaster Risk Reduction and Management Fund (LDRRMF) Annual Investment Plan for Fiscal Year 2021 of the provincial government.
Provincial Disaster Risk Reduction and Management Officer Atty. Edward F. Chumawar, Jr. presented during the PDRRMC meeting the 2021 LDRRMF in the amount of P49, 534,750.50 representing five percent of revenues from regular sources based on the 2021 current estimate of the Local Finance Committee and 2021 Internal Revenue Allotment share of the provincial government issued by the Department of Budget and Management.
Chumawar said 30% of the LDRRMF is for the Quick Response Fund which can only be used if the province is declared under state of calamity while 70% is allocated for the different programs, projects and activities for disaster prevention, mitigation and preparedness. response and rehabilitation and recovery.
PDRRM Officer Atty. Edward F. Chumawar, Jr. (right) presents 2021 LDRRMF Annual Investment Plan of the Provl Govt. during the 2nd PDRRMC meeting.
The LDRRMF is appropriated in accordance with Joint Memorandum Circular No.2013-1 of the National DRRMC, DBM and DILG which serves as guide for local government units in the allocation of the LDRMMF. It is appropriated in the four thematic areas of disaster risk reduction and management namely disaster prevention and mitigation, disaster preparedness, disaster response, and disaster rehabilitation and recovery.
Copies of PDRRMC Resolution No. 2020-005 are forwarded to the Sangguniang Panlalawigan and the Local Finance Committee for appropriate action. **JDP/JBS-PIA CAR, Mt. Province