Live Breaking News & Updates on Uot He Said Lambino

LINGAYEN, Pangasinan - The Sangguniang Panlalawigan (SP) or provincial board of Pangasinan has given authority to Gov. Ramon Guico III to obtain a PHP6-billion loan from the Landbank of the Philippines under the terms and conditions of the Omunibus Term Loan Facility (Credit Line) to finance strategic programs and projects of the province. Based on Resolution 825 authored by board member Vici Ventanilla and co-authored by vice governor Mark Lambino, the loan will be used to finance programs or projects for transportation amounting to PHP1.45 billion; government centers worth PHP800 million; tourism worth PHP1.95 billion; education through the establishment of the Pangasinan Polytechnic College/University worth PHP400 million; and health worth PHP1.4 billion, among others. "With the vision to propel socio-economic growth through infrastructure development, the provincial government of Pangasinan aims to ensure the delivery of basic services and the provision of adequate facilities ....

Mark Lambino , Marlon Operana , Pangasinan Polytechnic College University , National Tax Allocation , Sangguniang Panlalawigan , Ramon Guico , Omunibus Term Loan Facility , Vici Ventanilla , Pangasinan Polytechnic , Local Finance Committee , Internal Revenue Allotment , Local Government Code , Angasinan The Sangguniang Panlalawigan Sp Or Provincial Board Of Pangasinan Has Given Authority To Gov Ramon Guico Iii Obtaina Php6 Billion Loan From Landbank Philippines Under Terms And Conditions Omunibus Term Facility Credit Line Finance Strategic Programs Projects Province Based On Resolution 825 Authored By Member Vici Ventanilla Co Vice Governor Mark Lambino , He Loan Will Be Used To Finance Programs Or Projects For Transportation Amounting Php1 45 Billion Government Centers Worth Php800 Million Tourism 95 Education Through The Establishment Of Pangasinan Polytechnic College University Php400 And Health 4 , Mong Others Quot With The Vision To Propel Socio Economic Growth Through Infrastructure Development , He Provincial Government Of Pangasinan Aims To Ensure The Delivery Basic Services And Provision Adequate Facilities Not Only People Living In Urban Area But Also Countryside , Uot The Resolution Read Provincial Accountant Marlon Operana Of Local Finance Committee , N An Interview On Tuesday , Aid The Provincial Government Has Capacity To Undertake Such Amount Of Loan Quot Source Fund Repay Shall Be National Tax Allocation Formerly Known As Internal Revenue Allotment If We Try Revisit Provision Local Code 1991 , T States Thata Local Government Unit Is Allowed To Enter Intoa Credit Facility As Long The Amortization For Such Shall Not Exceed 20 Percent Of Internal Revenue Allotment , Uot He Said Lambino , Na Separate Interview , Aid The Loan Is Not Yeta Full Buta Standby Fund That Will Be Cascaded To Provincial Government As Soon All Necessary Legal And Documentary Requirements Of Landbank Are Met Quot Ito Yong Pagkakataon Na Tayo Ay Inaprubahan Ng Isang Financial Institution Magkaroon Ganito Kalaki Ibig Sabihin , Agtitiwala Sila Sa Financial Management Ng Ating Probinsya Para Aprubahan Ang Ganyang Kalaki Standby Fund This Is An Opportunity Wherein The Provincial Government Was Approved By Institution To Havea Witha Huge Amount That Means They Trust Of Our Province If Approveda , Uot Lambino Said Pna ,