P10 Billion Funds Education


The Department of Budget and Management (DBM) has released P10 billion for the construction of basic education facilities around the country.

Budget Secretary Florencio Abad said the money was released to the Department of Public Works and Highways (DPWH) and will be used for the construction, replacement and completion of kindergarten, elementary and secondary school buildings and educational facilities in areas suffering from acute classroom shortage.

The money was sourced from the Department of Education’s (DepEd) fund for Basic Education Facilities under the 2013 General Appropriations Act.

“This release is in line with the Aquino administration’s goal to close the nationwide classroom gap this year. By building enough classrooms and facilities that meet our students’ requirements, we can further enhance the learning environment in our public schools and give Filipino school children better leverage for academic excellence,” Abad said.

SOURCE: http://www.interaksyon.com/business/56502/dbm-releases-p10-billion-to-build-school-facilities-nationwide
PHOTO: http://www.flickr.com/photos/starofhope/3850730300/in/photostream/

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