PGMA tells GOCC’S to allocate 5% of 2007 surplus for social services
President Gloria Macapagal-Arroyo recently issued Administrative Order No. 225 for government-owned and controlled corporations (GOCCs) and government financial institutions (GFIs) to allocate five percent of their 2007 budget surplus for social services.
These services include projects in rice production, low-cost consumer and medicine outlets, Philhealth and micro-finance.
Covered by AO 225 are Philippine Gaming Corporation (PAGCOR), Philippine Charity Sweepstakes Office (PCSO), National Power Corporation (Napocor) and the Philippine National Oil Company (PNOC).
The Department of Agriculture (DA), Department of Social Welfare (DSWD), and the Office of the Government Corporate Counsel of the Department of Justice (DOJ) are also ordered to provide advice, coordination and technical support to the GOCCs and GFIs.
Under the AO, these government departments are mandated to assist in the “planning and implementing of the pro-poor projects” whose benefit to the poor shall, in turn, be validated by the National Anti-Poverty Commission (NAPC).
In addition, the DA shall “draw up a plan to utilize idle lands for rice and other food production. (PIA/Bohol)
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That is certainly a nice idea. Rather than letting those amounts go to waste in other’s pocket,let it be share to others in need.