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Congressional Budget Committee approved a government project requesting an additional loan of more than SGD 8,232 million to address the effects of a potential El Niño coastal event and rebuild the economy.
According to the owner Ministry of Economy and Finance (MEF), Alex Contreras, this project aims to meet the needs of organizations such as Indeci, Senamhi, Cenepred, “which exceed the amount we currently have in reserve for contingencies.”
Among other measures, payment extraordinary bonus SGD 500 to Education Sector Administrative Staff, Regional Education Offices, Local Governments and Regional Government Educational Institutions.
Likewise, as at 31 December 2022, S$1,000,000,000 is provided for the payment of judgment provisions, mainly for class preparation.
Another point for funding is the payment of financial compensation to medical personnel from the Ministry of Health, which implies an amount of SGD 462 million; and more than S$560 million will also be allocated to social programs and the creation of temporary jobs.
For creating Positions SGD 123.6 million will be allocated to the Luravi Peru Interim Program and, in the case of social programs, funding has been approved to deliver food to more than 730,000 vulnerable citizens and SGD 100 million will be allocated to the program. “A glass of milk”.
There will also be SGD 350 million for the massive use of natural gas and access to liquefied petroleum gas, and about SGD 123 million to finance the storage of goods and assets (pipes) of the former Improvement of Energy Security and Development of the Country project. South Peruvian gas pipeline.
On the other hand, congressmen rejected additional credit of SGD 7.9 million for the Ombudsman’s Office, which sought to fund the oversight, monitoring and execution of the investment project “Improving the Attention Service of the Decentralized Office of the Ombudsman’s Office, La Libertad Headquarters”.
It should be noted that the opinion approved by the Budget Committee still needs to be discussed and approved at the plenary session of the Congress.
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.