PESO CRISIS SCRAPS LGU GAMES
Malacanang, Jan. 16, 1998 -
The LGU Olympics, a national sports competition to be participated in by
all the Local Government Units such as barangays, municipalities, cities
and provinces, will not be held this year because of the economic crisis
sweeping the region.
President Ramos has ordered the LGU Olympics be dropped from this year's list of sports activities to be financed by government, a move that's part of the administration's austerity program.
The cancellation of this year's sports festival was recommended by Local Government Secretary Robert Barbers, who noted that the move could save the government up to P50 million.
Reported by: Sol Jose Vanzi
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