Senator Proposes Build Back Better Fund
Sen. Sherwin Gatchalian is advocating for the establishment of a Build Back Better Fund in the upcoming national budget. This fund aims to speed up recovery and reconstruction efforts in communities severely affected by recent disasters.
Officials reported that the fund would specifically target victims of earthquakes and other calamities, providing essential resources to rebuild homes and infrastructures.
Accelerating Community Recovery
Local leaders noted that the Build Back Better Fund is designed to offer timely financial support, helping devastated areas bounce back more quickly. “We’re thinking of carving out funds from what we call ‘Build Back Better Fund’ next year to help victims of earthquake, particularly,” a source said.
Community members stressed the importance of a dedicated budget stream to ensure that relief and rehabilitation initiatives are sustained without delay.
Strategic Use of Budget Allocations
Officials reported that the proposed fund would be a crucial part of the national budget, ensuring that resources are allocated efficiently for disaster recovery. This approach is expected to reduce bureaucratic delays and improve coordination among agencies involved in rebuilding efforts.
Experts highlighted that the Build Back Better Fund could serve as a model for future disaster preparedness and response, ensuring that affected communities receive immediate and long-term assistance.
Looking Ahead
Local leaders emphasized that establishing the Build Back Better Fund reflects a proactive stance in disaster management. It aims not only to address immediate needs but also to build resilience against future calamities.
Community members expressed hope that this initiative will foster quicker recovery and stronger communities in the face of adversity.
For more news and updates on disaster recovery, visit Filipinokami.com.
