The remaining National Disaster Risk Reduction and Management Fund (NDRRMF) balance for 2022 is P6.8 billion.
In the aftermath of natural disasters and other calamities, concerned agencies can tap on the remaining P6,863,219,462 in NDRRMF for the rest of 2022, subject to applicable provisions in the 2022 General Appropriations Act (GAA).
The remaining balance of P6.8 billion is part of the total P20 billion budget allocated for disaster risk reduction and management for this year.
Please note that under the 2022 GAA, P19 billion was allocated for programmed appropriations in the NDRRMF, while P1 billion has been set aside for the Marawi Recovery, Rehabilitation and Reconstruction Program (MRRP).
DBM increases NDRRMF from 20 to 31B in the 2023 NEP
To improve the government’s response to calamities, the DBM has increased the NDRRMF from this year’s P20 billion to P30 billion, plus a P1-billion budgetary allocation for the Marawi Siege Victims Compensation Fund under the 2023 National Expenditure Program (NEP).
This is an P11-billion increase from the current 2022 GAA NDRRMF Budget of P20 billion.
The increase is in adherence to the directive of the President to transform the economy into something that is proactive rather than reactive, and to strengthen the country’s readiness and response efforts in times of disasters.
In his budget message, the President made it very clear when he said: “We must transform our economy from one that is reactive, where our people suffer the effects of economic shocks, to one that is proactive, where our people are prepared and our economy is spared. We must meet our productivity goals regardless of the disasters and crises that may come our way.”
One cannot always predict the frequency, magnitude and impact of any disaster. But at all times, the DBM believes that it is always better to be prepared. (DBM)