Skip to content

Philippines Today

home of the Global Filipino

Menu
  • News Stories
  • Regional News
  • Business & Economy
  • Science & Technology
  • International
Menu

Drilon urges P10-B Panay rehab fund

Posted on July 11, 2008

PHILIPPINE NEWS SERVICE — FORMER Senate President and Liberal Party (LP) Chairman Frank Drilon urged Congress to immediately set up a P10-billion “Bangon Panay Rehabilitation Fund” to rebuild Panay, whose economy was devastated by Typhoon Frank last month.

Drilon, a native of Iloilo City, also urged President Gloria Macapagal-Arroyo to certify as urgent the bill to enact a supplemental budget for 2008 that will create the Panay rehabilitation fund when Congress reopens on July 28.

“It would be tragic if Panay Island suffers a food crisis since it has been traditionally the food basket of the Visayas,” Drilon said. “We should now look beyond relief operations that are only criticized for obvious political gimmickry. We should now rehabilitate Panay Island to avert hunger and starvation and put Panay back on its feet.”

Drilon said his proposed “Bangon Panay Rehabilitation Fund” was similar to the establishment of the P10-billion Bicol Calamity Assistance and Rehabilitation Effort (CARE) which Congress enacted as part of the 2007 General Appropriations Act (GAA) and the P1.75-billion Guimaras oil spill rehab fund in 2006.

Drilon explained that the national government has enough funds, noting that it was currently enjoying huge increases in the collection of the Expanded Value Added-Tax (VAT) because of the recent spiraling increases in the prices of petroleum products.

“We need this Bangon Panay Rehabilitation Fund badly.” Drilon said. “We had resorted to the same initiative several times in the past, like in the case of Bicol when it was hit hard by typhoons.

We also did the same for the Guimaras folks when they were hit by an oil spill in 2006, crippling their economic life for quite a long time.”

Drilon said the P10-billion Bangon Panay Rehabilitation Fund would create employment opportunities, stimulate economic activities and repair basic infrastructure in the region. “Right now, Panay Island needs more than just dole outs. We need a comprehensive rehabilitation program,” Drilon said.

Even before Typhoon Frank hit the region in June 21 and 22, Drilon recalled, Panay Island was already suffering from “a double whammy” due to the sudden increases in the prices of food and oil products. “These means there will be more hungry families. We need a concrete rehab plan to put Panay Island back on its feet,” he said.

Earlier, officials warned that food will be in short supply on Panay Island over the next few weeks after massive floods brought by Typhoon Frank devastated farm lands and wiped out livestock in the region. Drilon noted that of the 14 regions ravaged by Typhoon Frank, the two worst hit were Aklan and Iloilo.

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • More
  • Tumblr
  • Reddit

Related

News Categories

  • Announcement (34)
  • Business & Economy (1,567)
  • Comment and Opinion (74)
    • Random Thoughts (18)
  • Current Issues (425)
    • Charter Change (1)
    • Election (228)
    • Population (6)
  • International (389)
  • Life In Japan (66)
    • Everything Japan (41)
  • Literary (34)
  • Miscellaneous (610)
  • News Stories (5,312)
  • OFW Corner (297)
  • Others (75)
  • People (408)
  • Press Releases (163)
  • Regional News (3,362)
  • Science and Technology (502)
  • Sports & Entertainment (287)

Latest News

  • BSP keeps policy rates anew December 17, 2015
  • NEDA cuts PHL additional rice import for 2016 by 25% December 17, 2015
  • DA cites serious implications of banning genetically modified products December 17, 2015
  • BBL is not yet dead – Drilon December 17, 2015
  • Comelec recognizes Duterte’s CoC for president December 17, 2015
  • NEDA chief sees 2015 growth at 6% despite typhoons December 17, 2015
  • House of Representatives ratifies bicam report on P3.002-T national budget for 2016 December 17, 2015
  • Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town December 17, 2015
  • City gov’t eyes P75-M income from economic enterprise December 17, 2015
  • Baguio City LGU presents traffic plan for holiday season December 17, 2015

Archives

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Science and Technology

  • DOST-ICTO targets 500,000 web-based workers from countryside by 2016
  • (Feature) STARBOOKS: A ‘makeover’ for librarians
  • Science, research reduce ‘cocolisap’ hotspot areas in PHL
  • Montejo to further improve PAGASA and empower scientists
  • 1st PPP in biomedical research produces knee replacement system fit for Asians

Press Releases

  • Microsoft to buy Nokia’s mobile devices business for 5.44-B euros
  • New World Bank climate change report should spur SEA and world leaders into action: Greenpeace
  • Save the Philippine Seas before it’s too late — Greenpeace
  • Palanca Awards’ last call for entries
  • Philippines joins the global call for Arctic protection

Comment and Opinion

  • Remembering the dead is a celebration of life
  • Killer earthquake unlikely to hit Panay Island in near future – analyst
  • It’s not just more fun to invest in the Philippines, it is also profitable, says President Aquino
  • How does one differentiate a tamaraw from a carabao?
  • Fun is not just about the place, it is also about the people, says DOT chief

OFW Corner

  • Ebola infection risk low in Croatia
  • Death toll rises to 41, over 100 still missing in landslide in India
  • Asbestos use in construction a labor hazard
  • 500,000 OFWs to benefit POEA on-line transactions — Baldoz
  • 25 distressed OFWs return home from Riyadh
©2025 Philippines Today | Design: Newspaperly WordPress Theme