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Official Publication of the Philippine Information Agency Bicol Regional Office, in cooperation with the RIAC-REDIRAS - RDC Bicol



Friday, July 25, 2014

Albay pushes for speedy economic recovery amidst severe typhoon damage

BY: SALLY ATENTO-ALTEA

LEGAZPI CITY, July 25 (PIA) – The province of Albay is pushing for speedy economic recovery and reconstruction despite the severe damage brought by typhoon Glenda which stayed almost stationary over the province for about seven hours with wind of 140-180 kph last July 14-15.

Right after declaring the province under state of calamity, Albay governor Joey Salceda ordered an executive order creating the Plan for Albay Glenda Early Recovery and Reconstruction (PAGERR) as the priority program of the province for immediate socio-economic recovery and reconstruction.

“The PAGERR is organized as the recovery and rehabilitation committee composed of several sectors to address speedy recovery and reconstruction and to meet the basic economic and subsistence need of the people affected by the typhoon,” Salceda said.

The governor included the economic cluster as one of the groups comprising the committee.
 The group is chaired by Department of Trade and Industry (DTI) director Digs Aguilar and co-chaired by Provincial Planning and Development officer Macario Pavia.

“The economic sectors group is tasked to ensure immediate restoration of lifeline facilities and critical resources on telecommunication damaged by typhoon Glenda and ensure livelihood oppurtunities to affected populace,” Salceda cited in the resolution.

Carrying out this task, the group adopted and endorsed resolutions to the Sangguniang Panlalwigan to facilitate the immediate recovery of the economic sector and meet the basic economic and subsistence need of affected Albayanos.

The resolutions seek the assistance of the Social Security System (SSS), Government Service Insurance System (GSIS) and Home Development Mutual Fund (HDMF) as government financing institutions “to infuse more money in circulation to pump prime the local economy and bring back the economic momentum Albay has gained prior to the typhoon.”

Should the resolution be approved, eligible members of HDMF can be granted an incremental cash flow of P150, 000.00 for automatic approval as home improvement loan.

Should the resolutions be approved, SSS and GSIS member borrowers can be granted a one year loan installment deferral while SSS pensioners can have three months advance payment of their pensions.

Eligible members of HDMF can also be granted an incremental cash flow of P150, 000.00 for automatic approval as home improvement loan.

It also appeals to the Albay Power Energy Corporation (APEC) and telecommunication companies operating in the province to expedite the rehabilitation and restoration of their services in the entire province within two weeks after the typhoon struck last July 15.

APEC in particular is requested to increase its restoration team from existing 12 to 20 teams through outsourcing.

Other sectors represented by PAGERR cluster members are agriculture/agrifacilities and food security, health and health facilities, housing,settlements and livelihood; public infrastructure, education, DRR agencies, hazard review and update and environmental protection.

Cluster representatives tasked to assess need, identify beneficiaries and implement projects for recovery and rehabilitation of their respective sectors.(MAL/SAA-PIA5/Albay)

- See more at: http://news.pia.gov.ph/index.php?article=2571406252189#sthash.8LLJgr6S.dpuf

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