Regional dev’t councils’ role in budget creation pushed  - BusinessWorld Online

Regional dev’t councils’ role in budget creation pushed  - BusinessWorld Online

A BILL allowing regional development councils (RDC) to participate in the formulation of the national budget was filed at the House of Representatives in August, aiming to boost economic growth through more localized development. Filed on Aug. 26, House Bill No. 4018 proposes that at least half of the annual proposed budget should fund projects deemed a priority by RDCs to help spur economic growth among regions. “Despite the rigorous process be…