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CelloMom On Cars /
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2024-08-12 12:11:20

CelloMom On Cars on Nostr: "The Marcos administration has bumped up its calamity fund to P31 billion [US $ 531 ...

"The Marcos administration has bumped up its calamity fund to P31 billion [US $ 531 million] for 2025 to brace for the impact of #ClimateChange and extreme weather events in the months ahead."

https://manilastandard.net/news/top-stories/314483040/2025-calamity-fund-to-p31b-to-brace-for-climate-change-extreme-weather.html

That's about 1% of GDP. Half goes to the reconstruction of damaged roads, bridges and school buildings.
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