LGUs to get P200K each for Panaad fest

By Dolly Yasa

BACOLOD City – The 31 cities and municipalities in the province of Negros Occidental will each get P200,000 subsidy from the provincial government in line with the Panaad Festival on April 20-26, 2020 at the Panaad Park.

This, after the Sangguniang Panlalawigan approved on Tuesday the P6.2-million financial assistance to the 31 local government units during their session, Vice Governor Jeffrey Ferrer said Thursday.

Ferrer also said that the SP unanimously approved the proposed P181.235-million general fund supplemental budget which was endorsed by Gov. Eugenio Jose Lacson.

The supplemental budget includes P150 million for the repair and renovation of the Panaad Park and Stadium at Brgy. Mansilingan, Bacolod City.

The repair and renovation is in preparation for the hosting of regional sports events in February 2021, as well as the Palarong Pambansa in May of the same year.

But Ferrer said the budget is not enough for the Paglaum upgrades.

“We will need P250 million more,” he said.

Other appropriations in the supplemental budget are P8 million as logistical support to the Provincial Investment and Promotion Office, P2 million for the renovation of the Provincial Economic Development and Investment Center, and P13 million for the 2020 Panaad Festival.