The Provincial Board (PB) approved on third and final reading the Province of Cebu’s historic P15-billion budget for 2021 on Monday, December 7.
PB Member Glenn Anthony Soco, the author of the budget ordinance, thanked the Committee on Budget and Appropriations, which he chairs, and the Provincial Board for the support.
He considers the 2021 budget as a “right investment in the right direction” and is a vital component to the economic recovery of the Province. Next year’s budget is 25 percent higher than this year’s.
“Kay once these programs will be implemented, it can boost investments in the countryside, it can make the travel of goods and services faster and likewise it can enhance the delivery of the basic services of the government resulting in more economic activity in the entire Province,” he added.
Soco stressed that the annual budget for 2021 was carefully considered and deliberated by the members of the Budget Committee and the Local Finance Committee.
The development fund takes up the bulk of the 2021 budget, with 55 percent or roughly P8.2 billion.
This consists of infrastructure projects such as road concreting, bridges, waterworks system, and port development, and other undertakings that would allow faster delivery of goods and services.
As chairman of the Committee on Public Health, Board Member Kerrie Shimura expressed her happiness on the approval of the 2021 budget because Governor Gwendolyn Garcia also allocated a large budget for Cebu’s four provincial and 16 district hospitals.
Delighted with the approval, Vice Governor Hilario Davide III said many programs and projects are in store for Cebu and the Cebuanos in the P15 billion annual budget.
He also lauded Governor Gwendolyn Garcia for personally defending it and answering the questions and clarifications from the Board Members during the budget’s second reading in Daanbantayan town.
“We hope that with this budget, makab-ot nato ang plano, ang projects ni Governor Garcia,” Davide added. (Mylen Manto)