Duterte allows DBM chief to approve release of Bayanihan 2 funds | Inquirer News
Close  

Duterte allows DBM chief to approve release of Bayanihan 2 funds

MORE THAN P56 BILLION DUE FOR RELEASE
/ 02:42 PM October 27, 2020

MANILA, Philippines — Government agencies’ budget requests no longer have to pass the Office of the President for approval after President Rodrigo Duterte granted Budget Secretary Wendel Avisado the authority to okay the release of crucial funds under the Bayanihan to Recover as One Act (Bayanihan 2).

Presidential spokesperson Harry Roque said this Tuesday amid criticisms over the slow release of the P165.5-billion Bayanihan 2 funds, a month after Duterte signed the urgent COVID-19 stimulus plan into law.

ADVERTISEMENT

“Mas mabuti po ang ginawa ng Presidente. Binigyan niya po ng delegated authority si DBM Sec. Avisado para mag-approve na ng release para hindi na po ‘yan daraan sa Office of the Executive Secretary,” Roque said in a televised Palace press briefing.

Due to the order, over P56 billion will be released Tuesday, October 27, to six government agencies. Below is the breakdown of the scheduled fund releases:

FEATURED STORIES

  • P100 million to the Department of Trade and Industry for shared service facilities of the Balik Probinsya, Bagong Pag-asa Program
  • P5 billion for augmentation of NDRRMF fund
  • P8 billion for the Department of Labor and Employment’s CAMP TUPAD program
  • P6 billion for the Department of Social Welfare and Development’s assistance for individuals in a crisis situation and sustainable livelihood program
  • P11.62 billion for the Department of Agriculture’s Plant, Plant, Plant program
  • P20.575 billion for the Department of Health for its health-related COVID-19 responses
  • P5.1 billion for DOLE’s AKAP
  • P500 million for local government support

Some senators earlier called out the Budget Department for the late release of the bulk of the multi-billion peso funds intended to aid pandemic-hit sectors under the Bayanihan 2 law, which is set to expire by the end of the year.

READ: Senators hit DBM for non-release of most Bayanihan 2 funds

Duterte signed the Bayanihan 2 law on September 11. Of the law’s total budget, P140 billion will be taken from regular appropriations while the remaining P25.5 billion will come from standby funds.

KGA

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: Bayanihan 2, Coronavirus, coronavirus Philippines, COVID-19, DBM, Health, Malacañang, pandemic, Philippines, recovery fund, Rodrigo Duterte, SARS-CoV-2, stimulus fund, Virus
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2020 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.