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Saturday, August 04, 2007

 

‘P1.2-B govt revenue possible,’ says Panlilio


SAN FERNANDO CITY: For a first-time chief executive of the province, Gov. Eddie Panlilio could not be faulted for not having big dreams. He now ambitions to reach the targeted P1.2 billion in government revenues in his first year, and he believes it could be done.

He announced this much at the start of budgetary preparations for the fiscal year 2008.

“We need to begin the process of rebuilding our province by raising the much needed financial resources to fund our development projects and programs,” Panlilio said.

National Economic Development Authority (NEDA) records showed that Pam­panga now has one of the worst revenue generating re­cords among the provinces in Central Luzon.

It is heavily dependent on the Internal Revenue Allotment (IRA) from the National Government, with a dependency rate of 89 percent.

“We want Pampanga to be less dependent on the IRA and be able to generate its own funds for its people” Panlilio added.

Panlilio’s administration recently reported that quarry revenues have increased to 1,000 percent compared last year. Collections from quarrying operations presently average at more than P1 million daily compared to an average of P100,000 per day in the previous administration.

Likewise, the governor aims to increase the Real Property Taxes (RPT) collection through the computerization of tax administration and other systems improvements in the province.

He also mentioned increasing the income generating capacity of other properties of the province such as the Bren Z. Guiao Sports Complex and Convention Center and the Benigno Aquino Hall.

Besides raising funds through operations made more efficient, the Panlilio administration will also try to tap the full potential of external sources of funds such as individuals and groups who wish to donate resources for specific development pro­jects of the government.

Private individuals and groups have signified intentions to donate cash, equipment, and other resources for priority projects such as the rehabilitation of district and provincial hospitals and schools throughout the province.

 “We must fully harness the goodwill and support of our generous kababayans both within and outside of Pampanga who want to help in our rebuilding process,” Panlilio said.

The governor has also instructed his staff to study the possibility of tapping international grant agencies such as the World Bank, ADB, and the UNDP for funding specific development projects.
-- Joey Aguilar

   
 

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