P3-billion quake aid for Bohol, Cebu

On the second anniversary of the magnitude 7.2 earthquake that hit the Visayas, Budget Secretary Florencio “Butch” Abad announced that total amount of fund released to finance the rehabilitation and recovery of the provinces of Bohol and Cebu has reached P3.07 billion.

This figure includes P556.9 million or 30 percent of the estimated cost of building and facility reconstruction to fulfill the government’s commitment to “Build Back Better.”