MANILA, Philippines — The spike in COVID-19 cases would “undoubtedly slow down the recovery of consumer and business confidence,” Albay Rep. Joey Salceda, the House tax chief, said on Sunday and pushed for a third Bayanihan economic stimulus package.
Salceda has been pushing for the passage of the Bayanihan 3 to further speed up the recovery of the economy.
“I urge the Cabinet to be more open to additional relief in this difficult period,” he said. “The quarter-on-quarter rise in unemployment from 3.8 million by the end 2020, to 4 million in January 2021 signifies that economic relief is still needed.”
—Nestor Corrales
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