LIVE: President Marcos leads ceremonial turnover of DRRAP funds to LGUs | November 5, 2026

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President Ferdinand Marcos Jr. leads the ceremonial turnover of funds under the Disaster Rehabilitation and Reconstruction Assistance Program (DRAP) to beneficiary local government units across the country. A total of P8.6 billion has been approved under the program to expedite the recovery and rehabilitation of 306 disaster-hit LGUs. In his address, Marcos highlighted the administration’s efforts to slash red tape in fund processing—reducing the timeline from nearly a year to four to six months—while sternly cautioning local executives that anyone who attempts to exploit calamity funds will face the full weight of the law. Chapters: 00:00 - Intro / Opening prayer 01:10 - Turnover ceremony of DRAP funds to LGUs 01:47 - Executive Secretary Ralph Recto opening remarks 08:17 - Presentation of DRAP funds to regional LGU beneficiaries 16:30 - Introduction of President Ferdinand Marcos Jr. 16:58 - PBBM keynote speech on disaster rehabilitation 20:15 - PBBM on P8.6-B fund allocation and cutting red tape 22:53 - PBBM issues stern warning against corruption in calamity funds 23:42 - Photo opportunity with beneficiary LGUs For more ABS-CBN News videos, click the link below: https://www.youtube.com/playlist?list=PLTd1FPrtfZr8 For more Breaking News & Live Coverage videos, click the link below: https://www.youtube.com/playlist?list=PLgyY1WylJUmgG2ln-vtKXb-oLlGEZc3sR For more latest news and analysis from ABS-CBN News videos, click the link below: https://www.youtube.com/playlist?list=PLgyY1WylJUmi0mC2kpnrqezd94AAI8jDH For more News Digital News Raw Cuts, click the link below: https://www.youtube.com/playlist?list=PLenM0Ml3NZIE Subscribe to the ABS-CBN News channel! - https://www.youtube.com/@abscbnnews Watch full episodes on iWant for FREE here: https://www.iwant.ph/ Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS TikTok: https://www.tiktok.com/@abscbnnews Twitter: https://twitter.com/abscbnnews Instagram: https://www.instagra...