Issue of October 1, 2017
Mt. Province

Panagbenga Flower Festival
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Solon pledges increased fund support for MSMEs
by Press release

Senator Loren Legarda has vowed to restore the P1 billion budget of the Shared Service Facilities (SSF) Project of the Department of Trade and Industry, which intends to increase the productivity of micro, small, and medium enterprises (MSMEs) by giving them access to efficient technologies, skills, knowledge, and systems.

At the hearing for the proposed 2018 budget of the DTI, Legarda, chair of the Senate Committee on Finance, also encouraged the agency to look into supporting the “nano” enterprises or those with a capital of P50,000 or less.

“It is important for us to recognize and support the efforts of all our entrepreneurs. These are Filipinos who lead a good life. Through these facilities, we also give them better opportunities to enrich themselves, while providing for their families,” Legarda said.

She also urged the DTI to help state universities and colleges in their livelihood projects like the Don Mariano Marcos Memorial State University in La Union that does silk processing and weaving; the Mariano Memorial State University in Ilocos Norte for their biofuels project; and the Southern Luzon State University’s nipa palm sugar processing center.

She also asked DTI to coordinate with the Department of Social Welfare and Development which has requested help in implementing their P7 billion worth of Sustainable Livelihood Program for beneficiaries of Pantawid Pamil-yang Pilipino Program and other indigent Filipinos.

Legarda also reiterated her call to all government agencies to use 100 percent of their budget. She noted that all unspent budget are reverted to the National Treasury, which could have been used to finance other projects and programs for the people.

“We do not want any groups unserved or underserved. There are so many communities, especially vulnerable and marginalized ones, that everyday are seeking help for government interventions. Whenever we revert budget to the Treasury, we lose so many opportunities to serve our people,” Legarda said.

“For this year’s budget process, we needed to ensure that economic growth within our communities is stimulated. This makes our budgeting more inclusive – such that it caters to our people’s needs and aspirations – which further unlocks our potential as a nation,” Legarda said.

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Baguio Country Club
Department of Tourism – CAR
University of Baguio
Venus Parkview Hotel

Congressman Mark O. Go
Department of Health – CAR
Kings College of the Philippines
Lepanto Consolidated Mining Company
Mayor Mauricio G. Domogan
Narda’s Handwoven Arts & Crafts Inc.
Philex Mining Corporation
Pines City Colleges
Province of Benguet
Sangguniang Panlungsod
SM City Baguio
Social Security System

Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Central University
Baguio Heart and Lung Diagnostic Center Inc.
Baguio Memorial Chapels Incorporated
Baguio Water District
Bureau of Fisheries and Aquatic Resources – CAR
C & Triple A Supermart
Congressman Ronald M. Cosalan
Curamed Pharmacy
Data Center College of the Philippines of Baguio City Inc.
Department of Agriculture – CAR
Department of Environment and Natural Resources – CAR
Department of Trade and Industry – CAR
Department of Transportation – CAR
Easter College Incorporated
Fabulo Beauty and Image Salon
Fast East Pacific Commercial
Filipino–Japanese Friendship Association of Northern Luzon, Inc.
GMS Technology
Immigration Network Services, Inc.
La Funeraria Paz, Inc.
Mayor Romeo K. Salda
MMS Development Training Center Corporation
Mother Earth Deli Basket
National Economic & Development Authority–CAR
Overseas Workers Welfare Administration
Philippine Science High School – CARC
R.A. Gapuz Review Center
Regional Tripartite Wages and Productivity Board – CAR
Solibao – Ganza Restaurant
Technical Education and Skills Development Authority

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