BY DOMINIQUE GABRIEL G. BAÑAGA
Atty. Emilio Yulo III – a board member of the Sugar Regulatory Administration (SRA) – said they are doing their “homework” to get the P2-billion annual fund under the Sugarcane Industry Development Act (SIDA).
This year, the Department of Budget and Management (DBM) would only give the SRA P500 million under SIDA.
The cut in the SIDA fund was due to last year’s underspending.
Yesterday, Yulo presented before Sen. Cynthia Villar 137 SRA scholars enrolled at the Central Philippines State University (CPSU) in Kabankalan City, Negros Occidental.
Villar was in Kabanakalan City for the school’s commencement ceremony, where she was guest speaker.
Yulo said the CPSU scholars receive monthly allowances worth P10,000 each and other benefits from the SRA, sourced from the SIDA fund.
The SRA official said they hope to get a bigger allocation under SIDA to continue support for the scholars./DGB, WDJ