Editor's PickInvesting Ideas

P55M for MSU-Marawi expansion

THE DEPARTMENT of Budget and Management has released P55.65 million for the expansion of the Mindanao State University (MSU) in Marawi City.

Based on the statement it released on Thursday, the DBM’s Special Allotment Release Order (SARO) will cover the construction of MSU’s three-storey Student Center Building, which has an allocated area of 1,850 square meters.

“Our youth are the torchbearers of our future. That is why it’s important that we support them by providing the necessary equipment and facilities. This is also the marching order of President Ferdinand R. Marcos, Jr.,” Budget Secretary Amenah F. Pangandaman said.

The building’s construction is intended to improve the university’s facilities through the promotion, development, and implementation of various student-related programs and activities of MSU.

“The implementation of this locally funded project (LFP) will be chargeable against MSU-Marawi’s built-in appropriations under the Fiscal Year 2023 General Appropriations Act,” the DBM said.

The DBM has also allotted P154.192 million from the 2024 Fiscal Year (FY) National Budget to the Free Higher Education (FHE) program in MSU-Marawi. — Aaron Michael C. Sy

Related Articles

Back to top button
Close
Close