Jojo Binay urges gov't to give more aid to pandemic-hit citizens and boost spending | Inquirer News

Jojo Binay urges gov’t to give more aid to pandemic-hit citizens and boost spending

By: - Reporter / @zacariansINQ
/ 05:44 PM December 09, 2021

Jojo Binay urges gov't to give more aid to pandemic-hit citizens and boost spending

FILE PHOTO: Former Vice President Jejomar C. Binay. INQUIRER FILES

MANILA, Philippines — Former vice president Jejomar “Jojo” Binay on Thursday called on the national government to provide more assistance to people affected by the COVID-19 pandemic “to encourage people to begin spending again.”

The senatorial aspirant proposed a “sustained program” to increase the spending power of those severely affected by the pandemic such as poor families, the elderly, and other vulnerable sectors.

Article continues after this advertisement

The program, he said, can be done through cash aid, food subsidies, free medical care including medicines, interest-free loans, income tax breaks, and other forms of government assistance to ease the people’s burdens until they recover and the economy rebounds.

FEATURED STORIES

“Government needs to inspire confidence in the economy. It needs to encourage people to begin spending again,” Binay said in a statement.

“That could take some time, especially when you have over three million out of work, seven million underemployed, and millions of families still mired in poverty,” he added.

Article continues after this advertisement

Binay also said that in order to boost the spending capability of people and address the people’s social needs during the pandemic, there should be a shift in the national government’s budget priorities.

Article continues after this advertisement

RELATED STORIES

Article continues after this advertisement

PH jobless rate eased to 7.4% in October

7 million underemployed workers a cause for concern – DOLE

Article continues after this advertisement

Further open up PH economy to spur recovery, gov’t urged

KGA
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: aid, COVID-19, Economy, pandemic

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.