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P3B to fix school buildings OK’d
THE DEPARTMENT of Budget and Management (DBM) has approved the release of P3.049 billion for the repair of government school buildings throughout the country.
The DBM said the release will cover the funding requirements for the repair and rehabilitation of elementary and secondary school buildings.
“An amount of P1.861 billion was initially released from the total authorized appropriations of P4.911 billion, which will be utilized for the rehabilitation, renovation, repair and improvement of kindergarten, elementary, and secondary school buildings following the Repair All Policy,” the DBM said.
The funding will be released to the Department of Public Works and Highways under the 2023 General Appropriations Act. — Luisa Maria Jacinta C. Jocson