‘Corrected’ annual investment plan to undergo rapid assessment

(Photo Courtesy of flickr.com)

By Felipe V. Celino

ROXAS CITY, Capiz – The so-called corrected annual investment plan (AIP) of Capiz will undergo rapid assessment and appraisal by the Sangguniang Panlalawigan (SP).

Vice Governor Jaime Magbanua has confirmed that his office has received a copy of the “revised” proposed 2020 AIP. Copies of the document will be distributed to all the members of the provincial board.

The vice governor clarified that the “corrected AIP” needs approval by the Provincial Development Council (PDC) when it reconvenes anytime.

Magbanua noted that double funding in some projects, which were found by the provincial legislators, was already deleted from the AIP.

But the vice governor noticed that there were projects that have been added to old ones. He said there is no problem if the added projects will be for the benefit of Capiceños.

The provincial board will create a team to check the proposed projects under the AIP.

Magbanua said the purpose of the team is to hasten the process of the approval and review of the AIP which should have been done late in 2019.