ULAP, in collaboration with the Department of the Interior and Local Government (DILG), is conducting a series of online dialogues between local government units (LGUs) and the country’s economic managers on how we can rebuild the local economy in the short and long-term and what interventions from the national level have been made in terms of related stimulus measures.
Entitled as the ULAP #FORWARD Strategy Dialogue Series on “REKINDLING LOCAL ECONOMIC GROWTH”, this is yet another initiative of ULAP to support LGUs in their efforts to bring the local economy back to its feet while sustaining the fight against COVID-19.
The first part of the series will be the DIALOGUE WITH THE DEPARTMENT OF FINANCE (DOF) ON “PUTTING FISCAL ORDER IN PLACE FOR LOCAL ECONOMIC RECOVERY”. Among the topics are the “Bayanihan to Recover as One Act” (Bayanihan II) salient features relative to the interest subsidy for LGUs, loan facilities for recovery plans and dormant local funds utilization, among others.