DA to utilize P68M for rural dev’t projects
CITY OF SAN FERNANDO — Some P68 million has been targeted for disbursement by the Philippine Rural Development Project (PRDP) I-REAP Component for Region 3.
This was learned from the recent PRDP meeting on August 13 for the 2nd Quarter Meeting and Assessment on Project Implementation held at the Department of Agriculture Regional Field Office III, Conference Room in this city.
Regional Project Coordination Office (PRCO 3) Project Director Dr. Eduardo L. Lapuz Jr., commenced the meeting by acknowledging the participation of the Municipal Project Management and Implementing Unit (MPMIU), Provincial Project Management and Implementing Unit (PPMIU) from the seven provinces and the initiative of the RPCO 3 and the Project Support Office (PSO) in spearheading the activity.
“As you can see, we have been conducting several assessment and coordination meetings these past few weeks, it is because we only have five months to achieve our target disbursement for the year,” he added.
He also stressed that the PRDP gauged its success not only with its physical accomplishment but adjoining the attainment of its cash disbursement or financial accomplishment.
Meanwhile, I-REAP Business Development
Syrah Sagun presented the Disbursement Monitoring underlining that there are 153 approved subprojects and remaining four pipelined subprojects.
According to Sagun, the target disbursement of subprojects for 2014-2019 amounts to P252,231, 289 with an actual disbursement of P189,841,126 as of August 9, 2019.
In another presentation, RPCO Financial Analyst Kathleen Catacutan discussed the status of liquidation, disbursement and cash budgeting.
Among other presenters are RPCO 3 Procurement Officer Gab Cubillos, I-BUILD Rural Infrastructure Engineer Jun Clinton Gonzales, and Social and Environment Safeguard (SES) Associate Roy Cruz raised related concerns, updates and status on their respective units.
Enterprise Development and Marketing Specialist (EDMS) Maricel Dullas reminded the delegates to start finishing all pending disbursements to lessen recurring issues on succeeding meetings and assessments.
“Just to remind you, I-REAP subprojects will only be until the end of 2020,” Dullas emphasized.