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Thursday, 04 November 2021 20:47

SP scrutinizes P80-M loan of Kiamba

ALABEL, Sarangani (November 4, 2021) – Board Member Jose Tranquilino Ruiz lll, Sangguniang Panlalawigan Committee on Tourism chairperson, raises a query before the plenary during the 38th Regular Session on November 2 at the Capitol gym. It was during the presentation of Board Member Joseph Calanao on the committee report for the ratification of the municipal ordinance of Kiamba relative to the P80M loan agreement of the municipality with Landbank of the Philippines for the acquisition of heavy equipment that Ruiz asked if LGU Kiamba has “any existing loan” to ensure that the LGU is eligible of the loan. In response, Calanao attested that Kiamba is qualified of the loan, hence, the resolution was immediately approved by the Sanggunian. The resolution will serve as the “validation of the reviewing authority, which is the Sangguniang Panlalawigan,” and is one of the necessary requirements needed to be complied for the approval of the loan. (Martin Fernando Bernad Jr.-Jori Mae R. Samillano/SARANGANI PROVINCIAL INFORMATION OFFICE)

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