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Saturday, December 29, 2007

 

Palace orders release of funds for Palawan

Govt share of proceeds from petroleum production in the Camago-Malampaya reservoir is a good start

By Angelo S. Samonte, Reporter

President Gloria Arroyo has authorized the Department of Budget and Management (DBM) to release half of the disputed 40-percent net government share to the province of Palawan from the proceeds of petroleum production in the Camago-Malampaya reservoir.

In signing Executive Order No. 683 this month, the President said the funds intended for the province must be utilized “for the immediate and effective implementation of development projects for the people of Palawan.”

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O T H E R   R E P O R T S

 

BACOLOD CITY: Despite the ongoing ceasefire declared by government troops, some 15 suspected members of the New People’s Army swooped down and strafed a marine sanctuary outpost at about 1 a.m. yesterday...

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BORACAY ISLAND: Department of Tourism (DOT) Secretary Ace Durano on Friday urged the Department of Environment and Natural Resources to impose a moratorium on new constructions in Boracay...

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BAGUIO CITY: Here’s an important advisory for city residents and visitors alike. Don’t put your valuable items like cellular phones or laptop computers in places visible or within reach from your windows.

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SURIGAO: A moderate quake jolted the province of Surigao an hour past midnight Friday, but no casualty was reported, the Philippine Institute of Volcanology and Seismology said.

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