DTI Awards BUB Funds to Matnog & Prieto Diaz towns

By: Bennie A. Recebido

SORSOGON CITY, August 20 (PIA) – Department of Trade and Industry (DTI) Bicol Regional Director Jocelyn L.B. Blanco together with DTI-Sorsogon Provincial Director Leah A. Pagao awarded a total of Php1.5 million Bottom-Up-Budgeting (BUB) Project Funds to the municipalities of Matnog and Prieto Diaz, simultaneously last August 7, 2013.

Prov’l. Dir. Pagao said that the BUB Project Fund is intended to sustain the poverty reduction strategy of the government. The BUB is the government’s new approach to the preparation of the national budget to trim down poverty and achieve the country’s Millennium Development Targets (MDG). It was first introduced in the 2012 budget process and is now on its second budget cycle.

Mayor Emilio G. Ubaldo of Matnog received the check in the amount of Php1,000,000.00 while Mayor Benito L. Doma of Prieto Diaz received the amount of Php500,000.00.

DTI Sorsogon Senior Trade Industry Development Specialist (STIDS) and Information Officer Senen Malaya said the Local Government Unit (LGU) of Matnog aims to improve the Eco-Tourism service providers in the food and handicraft industries of the municipality.

On the other hand, Prieto Diaz focuses on the development of its processed food that includes coconut and its by-products, “danggit” and other marine products, and other related processed food products.

Mr. Malaya said that the two LGUs aim to improve their food and handicraft industries thru the conduct of skills and entrepreneurship training programs that will prepare the local producers and processors to be competitive.

He further said that assistance will also be provided along product development where existing products will be improved in terms of functionality, quality, design and visual impact.

“To complete the package of interventions, marketing support programs are also scheduled for the beneficiaries,” he said. (BARecebido, PIA-5/Sorsogon)

LGU-Matnog receives BUB Project Funds from DTI.  Department of Trade and Industry (DTI)-V Regional Director Jocelyn L.B. Blanco together with DTI-Sorsogon Provincial Director Leah A. Pagao turn-over the Bottom-Up Budgeting (BUB) Project Funds check amounting to P1-M to Mayor Emilio G. Ubaldo of Matnog. The Local Government Unit (LGU) of Matnog aims to improve the Eco-Tourism service providers in the food and handicraft industries of the municipality. LGU Officials were also present during the turn-over. The BUB Project Fund is intended to sustain the poverty reduction strategy of the government. (PIA-5/SORSOGON/DTI Photo)

Pto. Diaz-LGU receives BUB Project Funds. Pto. Diaz Mayor Benito L. Doma receives the Php0.5-M Bottom-Up Budgeting (BUB) Project Funds check from DTI Regional Director Jocelyn L.B. Blanco and Provincial Director Leah A. Pagao. Said fund will be used by Prieto Diaz for the development of its processed food that includes coconut and its by-products, “danggit” and other marine products, and other related processed food products. Together with the mayor are local officials and project beneficiaries. (PIA-5/SORSOGON/DTI Photo)