Malasiqui gets P47M share from tobacco excise tax
By Mortz C. Ortigoza
MALASIQUI – Mayor Armand Domantay has confirmed that the town received P47 million as its share from the excise tax on tobacco.
Domantay said the amount will be used for farm-to-market road (P32 million), fertilizers (P10 million), and purchase of water centrifugal pump (P5 million).
He stressed that the P47 million revenue’s share came from the 10 years’ allotment of this town from the national government.
The municipality next year will receive its annual share of P7 million from the National Tobacco Authority.
“Ako ay nagpapasalamat na pinirmahan na ni Congresswoman Rachel Arenas (3rd District, Pangasinan), at ito ay pinirmahan ko na rin. Kaya wala ng balakid at sagabal na na-i release ito sa Land Bank of the Philippines at ibinigay dito sa bayan ng Malasiqui,” he said.
He said the breakdown of the P47 million came from appropriation given by the national government to the provincial government (ten percent), this town (ten percent), and Rep. Arenas (80 percent).
Meanwhile, Domantay does not believe that Arenas will not be getting her regular P70 million Priority Development Assistance Fund or famously known as pork barrel because she was a close ally of former President Gloria M. Arroyo.
During the first term of Arenas, this town was a beneficiary of hundreds of millions of pesos projects from the more than a billion of pesos pork the lady lawmaker’s lobbied from the national government.
http://northernwatchonline.com/2010/...co-excise-tax/
By Mortz C. Ortigoza
MALASIQUI – Mayor Armand Domantay has confirmed that the town received P47 million as its share from the excise tax on tobacco.
Domantay said the amount will be used for farm-to-market road (P32 million), fertilizers (P10 million), and purchase of water centrifugal pump (P5 million).
He stressed that the P47 million revenue’s share came from the 10 years’ allotment of this town from the national government.
The municipality next year will receive its annual share of P7 million from the National Tobacco Authority.
“Ako ay nagpapasalamat na pinirmahan na ni Congresswoman Rachel Arenas (3rd District, Pangasinan), at ito ay pinirmahan ko na rin. Kaya wala ng balakid at sagabal na na-i release ito sa Land Bank of the Philippines at ibinigay dito sa bayan ng Malasiqui,” he said.
He said the breakdown of the P47 million came from appropriation given by the national government to the provincial government (ten percent), this town (ten percent), and Rep. Arenas (80 percent).
Meanwhile, Domantay does not believe that Arenas will not be getting her regular P70 million Priority Development Assistance Fund or famously known as pork barrel because she was a close ally of former President Gloria M. Arroyo.
During the first term of Arenas, this town was a beneficiary of hundreds of millions of pesos projects from the more than a billion of pesos pork the lady lawmaker’s lobbied from the national government.
http://northernwatchonline.com/2010/...co-excise-tax/
