Duterte seeks more funds for COVID-19 response as P270B ‘not enough’ | Inquirer News

Duterte seeks more funds for COVID-19 response as P270B ‘not enough’

/ 10:23 PM April 06, 2020

MANILA, Philippines — President Rodrigo Duterte asked Finance Secretary Carlos “Sonny” Dominguez III on Monday evening to look for more sources to fund the government’s response to the COVID-19 pandemic, saying that the P270-billion budget already alotted was “not enough.”

In a televised address, he noted that P100 billion for one month or P 270 billion for two months was not enough.

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“I’m calling on Secretary of Finance to generate [more],” Duterte said in a televised public address.

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“Magnakaw ka, maghiram ka. Wala akong pakialam. Produce mo ‘yung pera,” he added.

[Steal it, borrow it. I don’t care. Produce the money.]

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The P270 billion budget for the novel coronavirus response efforts was part of the Bayanihan to Heal As One Act, which granted Duterte special powers to allocate it.

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The President said he would want Dominguez to explore other options to adjust the 2020 national budget.

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The government has set aside P200 billion worth of cash aid to be distributed to about 18 million low-income households.

The beneficiaries are to receive subsidies of P5,000 to P8,000 per household monthly for two months.

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TAGS: COVID-19, Rodrigo Duterte

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