August 18, 2017: *** The National Grid Corp. of the Philippines (NGCP) is now faced with the problem of looking for usable areas to hold transmission lines that would link the power barge in Tapal Wharf in Ubay town to a substation in Barangay Emelda of the same town. ***The City Government of Tagbilaran is set to sign a memorandum of agreement with BFAR for a multi-million peso livelihood project intended to uplift the living conditions of the fisherfolk. ***47th Infantry Battalion Commanding Officer, Lt. Col. Joel Malig said units under him are currently undergoing intensified intelligence operations along with other allied units to confirm the reports on sightings of armed men in Bohol. *** LGU Pilar's program, "Productivity Improvement thru landcare and Agriculture Resource Development and Management"(Pilar Dam) landed in the top 20 in Taking Look 2017. *** LGU Panglao got third place (3rd-6th class municipalities) in Infrastructure during the 5th Regional Competitiveness Summit held at PICC recently. ***LGU Panglao's entry program "A Purok-Based Approach in Basic Education Reforms/Turo-Turismo: Strengthening Partnership and Industry Linkage for Effective K-12 Implementation is among the 20 finalist of the Galing Pook Awards 2017. ***The towns of Panglao and Pilar are among the 20 finalists in the yearly search for Galing Pook Awards 2017. *** The National Food Authority in Bohol said prices of rice in the province have been on an uptrend since last week reaching an increase of up to P5 per kilo. *** A man listed in the Bohol Provincial Police Office drug watch list was caught last night with drugs weighed 80 grams with estimated street value of P993,000.

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Wednesday, September 11, 2013

The Philippines-Italy Debt for Development Swap Program arising from the Agreement signed between the Government of the Republic of the Philippines, through the Department of Finance, and the Republic of Italy, through the Embassy of Italy in Manila on May 9, 2012 is now in its full swing. The DOF has started accepting Project Proposals under the Program from the first day of September.

Designed to fund environmental projects with equal emphasis on poverty alleviation component, the 2.9 million euro proceeds from the debt conversion would further President Aquino’s inclusive growth agenda.

The Debt for Development Swap Program is open to project proposals of interested National Government Agencies (NGAs), Local Government Units (LGUs), Italian and Philippine Civil Society Organizations (CSOs), and Community-based Organizations (CBOs), which is aligned with the broad-based, multi-stakeholder approach to development partnerships for sustainable and people-oriented results.

NGAs, LGUs, and CSOs can propose large (Php25M – Php35M) and medium (Php10M – Php25M) projects, while CBOs can propose small projects (Php2.5M – Php10M).

“We thank the Italian Government for supporting our development objectives,” Secretary Purisima said, adding that under this productive partnership, both parties will ensure accountability in project implementation, so that the project benefits will reach their rightful beneficiaries.

Interested proponents to the Philippine-Italy Debt Swap Program have until September 20 to submit their project proposals. Further details can be accessed at (DoF)

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