NorMin hosts a Financial Management Consultative Meeting and Workshop in Mambajao, Camiguin attended by the finance units of different RPCOs of DA-PRDP.

 

MAMBAJAO, CAMIGUIN – The Finance Unit of the Department of Agriculture – Philippine Rural Development Project (DA-PRDP) from the different regions in Mindanao holds a Financial Management Consultative Meeting and Workshop on March 4-8, in this town.

The event discussed the financial updates of the RPCOs which includes the operational fund utilization, balances and updates of the AF2 and AF2 -EU financing, CY 2024 Work and Financial Plan for the Mindanao cluster, among others.

Further, the activity aims to refine and harmonize strategies in order to fast track the financial activities which is aligned in the budgeting and auditing rules and regulations.

In his message, Christian Xerxis M. Hernandez, PSO Mindanao Finance Unit Head, said that part of the important matters that needs to be discussed is the changes made for PRDP Scale up for the RPCOs to gear upon.

Hernandez, however, assured the participants that the PSO Mindanao Finance Unit will continue to guide and support them. Hernandez explained that for every amount downloaded to the region should be utilized and liquidated within the allowable period.

Meanwhile, DA-10 Regional Executive Director and Regional Project Coordination Office 10 (RPCO 10) Project Director Carlene C. Collado extends his gratitude to Project Support Office (PSO) Mindanao for choosing Northern Mindanao as the host of this event.

He added that the conduct of the activity is very timely since the RPCOs, including RPCO 10, is already implementing various subprojects under PRDP Scale Up which is a huge factor in managing the respective finances per region.

Director Collado further stressed that the role of the finance is crucial in the subproject implementation as the progress of the project is dependent on the timely utilization of funds.

It is expected that the RPCOs and the PSO will have their respective harmonized strategies on the financial activities at the end of the activity.

Present are the heads and representatives of the finance units of PSO Mindanao, and RPCOs 9, 10, 11, 12, 13 and BARMM.#