PingBills | Lacson’s BRAVE Bill Empowers LGUs to Achieve Inclusive Growth
PingBills | Lacson’s BRAVE Bill Empowers LGUs to Achieve Inclusive Growth Local government units will soon get much-needed funding for their key development projects with the proposed Budget Reform for Village Empowerment (BRAVE) Act of 2019 filed by Sen. Panfilo M. Lacson. Senate Bill 23 guarantees an annual Local Development Fund to help LGUs in provinces, cities, towns and barangays implement their three-year Comprehensive Development Plans. Under the bill, a LDF for financing development projects, activities and programs will be given to: 💎 Provinces: P500 million to P1 billion per year 💎 Cities: P100 to P200 million each per year 💎 Towns/municipalities: P50 to P100 million each per year 💎 Barangays: P3 to P5 million each per year The amount of LDF for each province, city or town shall be based on the following criteria: 💎 50 percent of the prescribed amount for first-class LGUs 💎 ...