Caraga accounts for 16% of DTI 2014 BuB projects

BUTUAN CITY, July 29 -- On its first year of participation in the bottom-up budgeting (BuB) process, the Department of Trade and Industry – Caraga Region has generated some P87 M worth of proposed projects in partnership with some 48 local government units (LGUs) and their partner civil society organizations (CSOs).

The projects are for 2014 implementation.

The amount represents 16% of the P549 M total value of DTI BuB projects from 17 regions in the country and therefore is the biggest among all the DTI regions.

This amount,which was recommended by the Caraga Regional Poverty Reduction Action team (R-PRAT) March of this year, has since been endorsed by the National Anti-Poverty Commission to the Department of Budget and Management (DBM). The latter has also submitted this together with the rest of the 2014 BuB projects for approval by congress.

The BuB is a process pursued by the national government “to ensure the inclusion of the funding requirements for the development needs of focus cities and municipalities in the budget proposals of participating agencies.”

The process ensures this through the active participation of CSOs in the preparatory assemblies, updating and assessment of relevant economic and social data and in the conduct of local poverty reduction action plan (LPRAP) workshops.

The proposals submitted for DTI funding include projects on shared service facilities, industry clusters development, skills and management trainings, and livelihood & enterprise development as well as business-enabling mechanisms/interventions such as the business permit & licensing system streamlining. (DTI-13/PIA-Caraga)