In a bid to bolster the country's fisheries sector, the Department of Budget and Management (DBM) announced the allocation of over P6 billion to the Philippine Fisheries Development Authority (PFDA) for the enhancement of fish ports across the nation. The move aims to facilitate the implementation of the Fisheries Infrastructure Development Program, reinforcing crucial maritime infrastructure.
The released budget, drawn from the 2024 national budget, underscores the government's commitment to fortify maritime infrastructure critical for the nation's economy. DBM Secretary Amenah Pangandaman emphasized the significance of robust fish ports, stating, "Our shores are more than mere lines on the map. It is among the driving forces of our nation."
Enhancing fish ports is expected to yield multifaceted benefits, safeguarding the livelihoods of fishermen and promoting community development. Secretary Pangandaman highlighted the pivotal role of improved fish ports in ensuring access to essential supplies and services for maritime operations, thus bolstering the competitiveness of the fisheries industry.
Utilization of Funds
Of the allocated budget, approximately P1.1 billion is earmarked for the construction, rehabilitation, and enhancement of fish ports and related post-harvest facilities nationwide. This strategic investment is poised to streamline operations, enhance efficiency, and elevate the standards of fish port facilities across the archipelago.
Government Commitment to Fisheries Sector
Asserting the government's unwavering support for the fisheries sector, Secretary Pangandaman reiterated President Bongbong Marcos's dedication to advancing projects crucial for the welfare of fishermen and the prosperity of coastal communities. The allocation of funds underscores a concerted effort to prioritize maritime infrastructure development under the current administration.
PFDA's Role in Supporting Regional Fish Ports
The PFDA, tasked with overseeing fisheries development initiatives, plays a pivotal role in supporting the operations of regional fish ports nationwide. From Navotas to General Santos, these ports serve as vital hubs for fishery activities, facilitating the efficient handling and distribution of seafood products across the country.
Administrative Procedure and Announcement
The issuance of the Special Allotment Release Order (SARO) on February 28 signifies the formalization of the fund allocation to the PFDA. The DBM's announcement underscores transparency and accountability in government disbursements, ensuring the timely implementation of crucial infrastructure projects for the benefit of stakeholders.