January 19, 2018: *** The local economy of Tagbilaran City was infused with almost P5-B in 2017. New business went up from 602 to 1,017 which amounts to an almost P1.2-B worth of capitalization or a 160% increase from last year, while business renewals also went up from 4231 to 4693 which posted gross receipts amounting to almost P3.4-B or a 21% from 2016. ***Gov. Edgar Chatto turns over today the P1.9-M first tranche of the P9.8-M assistance to the Bohol Dairy Producers Association for the Bohol Dairy Milk Processing and Marketing Enterprise as Bohol is poised to be the Dairy Capital of the country.

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Friday, April 08, 2011

P108-M poverty fund to Tickle Bohol economies

Tagbilaran City, April 8, 2011 (PIA)---ECONOMIES mainly in the second district of Bohol gets a capital boost in cold cash infusion of around P 108 million, representing conditional cash transfer funds for December 2010 and January 2011, shared a social service provider based in Cebu recently.

Economists expect the funds to trickle and drip to Boholano pockets, even those who are indirect beneficiaries of the government’s Pantawid Pamilya (2Ps) program.

At the recent Kapihan sa PIA Thursday, a Department of Social Welfare and Development (DSWD) social worker based in Cebu and 2Ps point-person for Bohol and Siquijor bared that P108,204,300 has been released in Bohol since December 28 to February 4.

According to Jocelyn Adalid, DSWD social welfare officer, another set of funds would be due for the next two months as the government shifts from a quarterly release to a once in two months interval.

The changes in the schedule of release, Aileen Lariba explained, happened after President Simeon Benigno Aquino III responded to the public clamor to facilitate the cash access as people need cash to respond to their children’s daily needs.

Lariba, the 2Ps regional information officer also highlighted the President saying, Kayo ang Boss ko.

The government cash grant however strings conditions: the beneficiaries’ kids need to attend schools 85% of the month, for beneficiaries’ regular attendance at family development sessions for their social empowerment inputs and to regularly get to a health care facility, Lariba explains.

Absent that, the beneficiaries do not get the full cash assistance of P300 per child of 0-14 years old in the household and P500 education, according to the outspoken Lariba.

It’s not much so its called aid, as we expect them to have livelihood and so we do not help prop up a culture of dependence leading top mendicancy, she hinted. 

In a status of implementation shared by Adalid to the Kapihan sa PIA, Landbank has paid over the counter for January and December the sum with Ubayanons getting the largest cash infusion at P16.48 million for its 1,353 beneficiaries.

Following Ubay is Buenavista with P12.58 million for its 1,204 beneficiary households, Carlos P. Garcia with P11.67 million for its 928 beneficiary households and Bien Unido with P10.7 million for its 872 household beneficiaries. 

Other beneficiary towns in Bohol include Getafe, Trinidad, Mabini, Pilar, Alicia, Carmen, Dagohoy, Inabanga and Danao, dteialed Adalid at the forum aired live over DyTR. (racPIABohol)

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