Economy

Marcos approves creation of new water management office 

PHILIPPINE STAR/ WALTER BOLLOZOS

PRESIDENT FERDINAND R. Marcos, Jr. has approved the creation of a water resource management body, which will be under the department overseeing the country’s natural resources, according to the presidential palace.  

The creation of the Water Resource Management Office (WRMO) will help the government “manage the country’s water resources and respond to the current environmental challenges through a concerted government effort,” the Presidential Communications Office said in a statement.  

The WRMO will be positioned as an interim agency pending the passage of a proposed law that will establish a department on water management with a Cabinet-level head. Related bills have been filed in both chambers of Congress.   

The new office’s first action should be reducing the country’s reliance on groundwater and deep wells, as well as managing surface water supply, the President was quoted as saying.   

“The WRMO would be under the Department of Environment and Natural Resources (DENR) and will be a transitory body pending the creation of a Water Resources Department,” the Palace said.   

The new office’s recommendations must be followed by state-owned corporations promoting water services such as the Metropolitan Waterworks and Sewerage System (MWSS) and Local Water Utilities Administration (LWUA) and the DENR’s water resources board, the Palace said, citing Mr. Marcos.  

The new office’s main functions also include formulating and ensuring the implementation of the Integrated Water Management Plan (IWMP), which will integrate various plans of different agencies.  

“The IWMP, which will serve as the main guiding document for the WRMO, will respond to the current environmental challenges and manage water resources through a concerted government effort engaging various sectors,” the PCO said.   

The Palace said Mr. Marcos will issue an executive order to enable the National Water Resources Board of DENR, MWSS, LWUA and the other water-related agencies to have a collaborative mechanism with the WRMO. — Kyle Aristophere T. Atienza 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top