Recto files P485B Bayanihan 3 bill | Inquirer News

Recto files P485B Bayanihan 3 bill

/ 08:59 AM December 16, 2020

MANILA, Philippines — Senate President Pro Tempore Ralph Recto has filed a third Bayanihan measure that would provide P485 billion in funding to “help the country bounce back” from the COVID-19 pandemic.

Recto filed Senate Bill No. 1953 or the proposed Bayanihan to Rebuild as One Act “as a continuing response to soften the impact of an economic downturn, accelerate the economic recovery of the country and respond to the urgent needs of areas battered by the recent typhoons.”

Under the bill, the P485-billion allocation will be used to fund the following COVID-19 recovery efforts:

Article continues after this advertisement

P55 billion for the procurement of COVID-19 medication and vaccines
P55 billion for the handling of vaccines, hiring of contact tracers, testing and treatment under PhilHealth, and payment of actual hazard duty pay
P100 billion for worker subsidies
P100 billion for the capacity building of critically impacted sectors
P70 billion for additional social amelioration to affected households
P20 billion for assistance to households that have been severely impacted by recent typhoons
P30 billion for assistance to displaced workers
P50 billion for rehabilitation of typhoon-affected areas
P3 billion for internet allowances for Department of Education K-12 teachers and students
P2 billion for the Commission on Higher Education for internet allowances for tertiary level teachers and students.

FEATURED STORIES

“It has been more than two hundred and seventy (270) days since the community quarantine started on March 15, 2020. While vaccine shots are hopefully available next year to inoculate millions of Filipinos, Bayanihan 3 should nevertheless be enacted in order to help the economy further recover both from the twin challenges of the pandemic and natural calamities which continuously grapple the country,” Recto said in the bill’s explanatory note.

A similar bill was filed in the House of Representatives last November, providing for a P247-billion allocation to help cushion the economic impact of the coronavirus pandemic to the country.

Article continues after this advertisement

Congress has earlier passed two Bayanihan laws since the start of the pandemic earlier this year.

EDV
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

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

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.

TAGS: Bayanihan 3, coronavirus Philippines, COVID-19, Nation, News, Ralph Recto

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

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

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.