Governor Eugenio Jose Lacson submitted the P5,434,644,700 proposed 2024 Negros Occidental annual budget to the Sangguniang Palalawigan through Vice Governor Jeffrey Ferrer for approval on Tuesday, October 10.
The proposed 2024 General Fund Annual Budget is 5.66 percent higher compared to the P5.14 billion this year, Lacson said.
The governor, in his budget message to the SP, said “things are looking up for the agricultural, industrial and commercial sectors, and businesses are picking up. These are great indicators that our efforts and hard work are paying off”.
“The destructive impact of COVID-19 on people’s livelihoods, health and food system has steadily decreased over the past years,” he added.
The increase in the National Tax Allotment share of the province by 6 percent is also good news, he said.
“The 2024 proposed annual budget was crafted on the strategic objectives and core values defined in our Abase Negrense framework. It is our incessant aim to foster and sustain thriving communities and improve the quality of life of the Negrenses,” Lacson said.*