By Marlon A. Loterte
LEGAZPI CITY, Aug. 15 (PIA) – The Department of Trade and Industry (DTI) Bicol regional office has alloted P1.5 million to fund projects in Matnog and Prieto Diaz town in the province of Sorsogon under the bottom-up budgeting (BUB) system.
Mayor Emilio G. Ubaldo received in behalf of the municipal government of Matnog the P1 million check and Mayor Benito L. Doma received P500,000 for the municipal government of Prieto Diaz .
DTI Bicol regional director Jocely Berango said the allotment were intended to improve the food and handicraft industries localities by providing stakeholders skills and capability training program on entrepreneurship that will prepare the local producers and processors to be competitive in the local or even national and international markets.
Matnog municipal government will allot the fund to improve the eco-tourism service providers and the food and handicraft industries.
Prieto Diaz, on the other hand, will focus on the development of its processed food that includes coconut and its by-products, “danggit” and other marine products.
She said that the agency will also be assisting stakeholders in product development that will enhance the products’ functionality, quality, design and visual impact.
She furthered that marketing support programs will also be provided to complete the package of government interventions in the local industry.
Bottom-up budgeting meanwhile is a somewhat modern approach to planning the use of a government's financial resources.
It can be recalled that the Department of the Interior and Local Government (DILG) considers bottom-up budgeting and planning among local government units as an enabling strategy of the Aquino administration in realizing governance reforms.
DILG Bicol regional Director Blandino Maceda explained that, "The concept is simple: it is the opposite of the top-to-bottom planning and budgeting,"
The new approach on budgeting, according to Maceda, provides the opportunity for communities to be involved in setting their own goals and expectations for a given financial period while it gives them ownership of the decisions, motivating them to meet budgetary constraints that otherwise might seem unattainable or unrealistic if they were delivered by someone without as much understanding of their day-to-day operations.
Maceda furthered that along with this increased participation, bottom-up budgeting creates a more accurate picture of how much each department needs in order to function effectively.
“Bottom-up budgeting approach is guided by thee principles: convergence, participation, and empowerment, that is why, you would notice the DILG and DTI are working here in this undertaking,” Maceda noted. (MAL/PIA5/Albay)
LEGAZPI CITY, Aug. 15 (PIA) – The Department of Trade and Industry (DTI) Bicol regional office has alloted P1.5 million to fund projects in Matnog and Prieto Diaz town in the province of Sorsogon under the bottom-up budgeting (BUB) system.
Mayor Emilio G. Ubaldo received in behalf of the municipal government of Matnog the P1 million check and Mayor Benito L. Doma received P500,000 for the municipal government of Prieto Diaz .
DTI Bicol regional director Jocely Berango said the allotment were intended to improve the food and handicraft industries localities by providing stakeholders skills and capability training program on entrepreneurship that will prepare the local producers and processors to be competitive in the local or even national and international markets.
Matnog municipal government will allot the fund to improve the eco-tourism service providers and the food and handicraft industries.
Prieto Diaz, on the other hand, will focus on the development of its processed food that includes coconut and its by-products, “danggit” and other marine products.
She said that the agency will also be assisting stakeholders in product development that will enhance the products’ functionality, quality, design and visual impact.
She furthered that marketing support programs will also be provided to complete the package of government interventions in the local industry.
Bottom-up budgeting meanwhile is a somewhat modern approach to planning the use of a government's financial resources.
It can be recalled that the Department of the Interior and Local Government (DILG) considers bottom-up budgeting and planning among local government units as an enabling strategy of the Aquino administration in realizing governance reforms.
DILG Bicol regional Director Blandino Maceda explained that, "The concept is simple: it is the opposite of the top-to-bottom planning and budgeting,"
The new approach on budgeting, according to Maceda, provides the opportunity for communities to be involved in setting their own goals and expectations for a given financial period while it gives them ownership of the decisions, motivating them to meet budgetary constraints that otherwise might seem unattainable or unrealistic if they were delivered by someone without as much understanding of their day-to-day operations.
Maceda furthered that along with this increased participation, bottom-up budgeting creates a more accurate picture of how much each department needs in order to function effectively.
“Bottom-up budgeting approach is guided by thee principles: convergence, participation, and empowerment, that is why, you would notice the DILG and DTI are working here in this undertaking,” Maceda noted. (MAL/PIA5/Albay)
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