Workers in 7 regions won’t get wage subsidy | Inquirer News
Close  

Workers in 7 regions won’t get wage subsidy

/ 04:45 AM June 10, 2020

MANILA, Philippines — Employees of small businesses operating in seven regions of the country won’t receive the second tranche of the government’s small business wage subsidy (SBWS).

To be affected are workers of small businesses in Mimaropa, Bicol, Eastern Visayas, Zamboanga, Soccsksargen, Cordillera Administrative Region and the Bangsamoro Administrative Region who earlier benefited from the Department of Labor and Employment’s COVID-19 Adjustment Measures Program (Camp).

ADVERTISEMENT

“The Camp beneficiaries … will not be eligible for the second tranche of SBWS since the SBWS is equal to the Camp subsidy of P5,000,” President Duterte said in his 11th report to Congress.

The SBWS guidelines state that Camp beneficiaries will also receive subsidy during the second tranche of the SBWS, minus the P5,000 already received under the Camp.

FEATURED STORIES

The Department of Finance said 193,000 out of 680,000 Camp beneficiaries have received the first tranche of the SBWS.

“These beneficiaries will either receive the differential amount of the SBWS and Camp, or will not receive any SBWS at all for the second tranche,” the President said.

As of June 4, the Social Security System had released P22.5 billion to 2.99 million employees for the first tranche, and P6.65 billion to 1.01 million employees for the second tranche.

The SBWS aims to provide P51 billion subsidy in two tranches to 3.4 million workers of small businesses, with the cash aid ranging from P5,000 to P8,000.

The wage subsidies were supposed to be paid out in two tranches last May. INQ

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: coronavirus Philippines, COVID-19, workers' subsidy coronavrius pandemic
For feedback, complaints, or inquiries, contact us.

News that matters

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.