DBM releases P362 million or Mindanao quake aid
The Philippine Department of Budget and Management has released 362 million pesos to support the rehabilitation of communities in Mindanao following a magnitude 7.8 earthquake. The funds are designated for repairing damaged public infrastructure, including schools, roads, and hospitals.
Why it matters
This highlights the government's disaster response strategy and the immediate financial requirements for restoring critical infrastructure in affected regions.
MANILA, Philippines - The Department of Budget and Management (DBM) has released an initial P362 million to jumpstart the rehabilitation of Mindanao communities struck by a magnitude 7.8 earthquake last June 8.
The report is a straightforward account of government budget allocation and disaster recovery efforts.
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