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LTFRB explains why only 1% of P5.5-B funds for drivers' assistance was released as of Dec. 2020

The Land Transportation Franchising and Regulatory Board on Wednesday shed light on the Commission on Audit 2020 report which flagged the agency for using only 1%, as of December last year, of the P5.5-billion funds allocated for the benefit program for drivers amid the COVID-19 crisis. ....

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TERMS OF REFERENCE TO AUDIT OR REVIEW OPERATIONS FINANCED BY THE BANK GROUP

APPENDIX A
1.0 BACKGROUND
1.1 The African Development Bank Group (the Bank) has been supporting the Government of Somaliland in its developmental efforts. A Grant of UA 5.4 million was approved in June 2016 to finance the Water Infrastructure Development for Resilience in Somaliland.
1.2 The Water for Infrastructure Development for Resilience project consists of the following three components: -
·
The construction and rehabilitation of water and sanitation infrastructure: This component is focused on providing access to water in order to meet high-priority needs in drought-stricken areas.
·
Capacity Building: This component will support the capacity development of the Ministry of Water Resource (MoWR) in Somaliland including the beneficiary communities. Proposed activities include; procurement of essential Operation and Maintenance (O&M) and laboratory equipment and training. ....

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