No photo available

30 views - 3 months ago

Danao earmarks P1.3B budget for 2021

THE Danao City Government has about P1.3 billion annual budget for 2021 which will surely increase next year because of the continued economic activity despite the Corona Virus Disease (Covid) pandemic.

The P1.3 billion 2021 annual budget is higher by P100,000 compared to the P1.2 billion annual budget for 2020.

Danao City Mayor Ramon “Nito” Durano III told Cebu Business Week that the biggest employer in this Local Government Unit (LGU) is Mitsumi Inc., a Japanese locator at the Philippine Export Zone Administration (PEZA).

Nito Durano has been Cebu’s vice governor, three terms 5th District congressman, Danao City mayor and vice mayor. His sons are former 5th District congressman Red Durano and former Department of Tourism (DOT) Secretary Joseph Ace Durano.

Durano said that Danao City Government is also supplying its constituents with the cheapest water in the country at P5 per cubic meter for the first 10 cubic meters of consumption.

The cost of consumption of about 11 to 20 cubic meters is P7 per cubic meter. Durano said that of the P1.3 billion budget for 2021, about P700 million will come from the Internal Revenue Allotment (IRA), while the rest will be from the local income.

Aside from Mitsumi, another big firm is Dynacast which manufactured speed boats for the Philippine National Police (PNP).

Mitsumi is presently employing 20,000 people whose salary clearly circulated to the community because after receiving it, they buy rice and other daily needs.

He said that during the lockdowns, Mitsumi spent money for the contract tracing of their employees, and they provided them company transportation.

He added that even when some locators at the economic zone in Lapu-Lapu City closed operation because of the Covid pandemic, Mitsumi operation continued which has maintained the income of Danao City.

Durano said that one of the important projects in Danao City for 2021 is the construction of a water reservoir to improve the distribution of cheap water to the people. The Durano administration is also making “Ayuda Card” for medical and occupational benefits. ELIAS O. BAQUERO