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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

4th Sangguniang Panlungsod (30 June 1992 – 30 June 1995)

ORDINANCE NO. 1993-019

AN ORDINANCE ESTABLISHING THE “USWAG KABUHAYAN SA BARANGAY” (USWAG) LIVELIHOOD ASSISTANCE PROGRAM TO ENHANCE SELF-EMPLOYMENT AMONG BARANGAY CONSTITUENTS; ALLOCATING AN INITIAL PROGRAM FUND OF THREE HUNDRED THOUSAND (P300, 000.00) PESOS FROM THE SURPLUS FUND, CY 1992; AND CREATING A TRUST FUND FOR A ROLL-OVER SCHEME OF REPAYMENTS THEREOF

Category: Labor; Livelihood and Employment and Agriculture; Business Trade and Industry
Principal Authors/Sponsors: Hon. Joint & Collective
Enacted: March 10, 1993

Download ordinance here

Summary/Additional Info:
Summary: This ordinance establishes the “USWAG KABUHAYAN SA BARANGAY” (USWAG) Livelihood Assistance Program, designed to promote self-employment among residents in barangays. An initial fund of Three Hundred Thousand (P300,000.00) Pesos is allocated from the Calendar Year 1992 Surplus Fund to support this program. A Trust Fund has also been created to manage a roll-over scheme for repayments. The ordinance became effective upon its approval.

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