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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

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

ORDINANCE NO. 1993-024

AN ORDINANCE AMENDING ORDINANCE NO. 93-019 ENTITLED: “AN ORDINANCE ESTABLISHING THE “USWAG KABUHAYAN SA BARANGAY” (USWAG) LIVELIHOOD ASSISTANCE PROGRAM TO ENHANCE SELF-EMPLOYMENT ALONG 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” BY CHANGING ITS SOURCE OF FUNDING TO THE 1993 INTERNAL REVENUE ALLOTMENT (IRA)

Category: Labor; Livelihood and Employment and Barangay Affairs
Principal Authors/Sponsors: Hon. Rodolfo Fortuno
Enacted: March 17, 1993

Download ordinance here

Summary/Additional Info:
Summary: This ordinance amends Ordinance No. 93-019, which established the “USWAG Kabuhayan sa Barangay” (USWAG) Livelihood Assistance Program. The core amendment is the change in the source of the initial Three Hundred Thousand (P300,000.00) Pesos program fund. Originally from the Calendar Year 1992 Surplus Fund, the funding will now come from the 1993 Internal Revenue Allotment (IRA). The program’s objective to enhance self-employment among barangay constituents and the creation of a trust fund for repayments remain unchanged. The ordinance became effective upon its approval.

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