Business World

LANDBANK kicks off series of LGU forums nationwide

-

LANDBANK kicked off a series of LGU forums for 4th to 6th class municipali­ties in various provinces nationwide last Oct. 12. The first was held in Baguio City and was attended by more than 100 local officials from three regions in Northern Luzon.

Aiming to further expand its reach and strengthen its partnershi­p with its allies in countrysid­e developmen­t, LANDBANK gathered local officials from 34 municipali­ties in Region 1, Region 2, and the Cordillera Administra­tive Region.

The LANDBANK LGU forum is designed to guide and assist LGUs in optimizing their resources and exploring new avenues that could fuel growth in their local economy.

LANDBANK also introduced its programs available for LGUs that can help finance their developmen­t projects. One of these is the LANDBANK Omnibus Term Loan Facility, designed to finance local infrastruc­ture and other socio-economic developmen­t projects — ranging from hospitals and schools, to flood, sanitation, and waste management programs.

Showcased during the forum was the best practices of an LGU assisted by LANDBANK in crafting their comprehens­ive developmen­t framework, which they used as guide in implementi­ng their developmen­t programs.

LANDBANK also invited resource speakers from the National Economic and Developmen­t Authority (NEDA) and the Department of the Interior and Local Government (DILG).

NEDA-CAR Director Milagros Rimando discussed the country’s Medium Term Developmen­t Plan and the important role of LGUs in promoting economic developmen­t and nation-building.

Florinda Garcia of DILG-CAR, meanwhile, talked about the Seal of Good Local Governance — a coveted recognitio­n for LGUs with exemplary performanc­e in financial housekeepi­ng, disaster preparedne­ss, social protection, business-friendline­ss and competitiv­eness, peace and order, and environmen­tal management.

Attendees of the first LANDBANK LGU forum came from 12 provinces in the North. They represente­d Abra, Apayao, Ifugao, Kalinga, and Mt. Province in CAR; Ilocos Norte, Ilocos Sur, La Union, and Pangasinan in Region 1; and Cagayan, Isabela, and Batanes in Region 2.

LANDBANK is also set to conduct two more legs of the LGU Forum before the year ends — one in Leyte (November) and one in Palawan (December).

 ??  ??

Newspapers in English

Newspapers from Philippines