DBM to issue rules on grants
The Budget Department said it will lead a subcommittee of Task Force Bangon Marawi, along with the Department of Finance and National Economic and Development Authority, to formulate the guidelines on the donations, grants and assistance for the rehabilitation of the war-torn city in Mindanao.
The government agencies concerned agreed that all sources of funding for the rehabilitation and reconstruction of the city should be cleared first by Task Force Bangon Marawi.
The DoF International Finance Group reported to Finance Secretary Carlos Dominguez that the ongoing post-conflict assessment in the area would be the basis for the preparation of the Marawi Comprehensive Recovery and Rehabilitation Plan.
The post-conflict needs assessment team, led by the Office of Civil Defense-Department of National Defense, was dispatched on Oct. 16. The activities of the PCNA, which started in July, will culminate in a final report that is presently being done by OCD-DND.
Dominguez said earlier it was too early to make cost estimates on the damage to the city, adding the reconstruction plan would be the basis of how much would be needed to fund Marawi’s reconstruction and rehabilitation.