President Rodrigo Duterte announced a PHP200 billion emergency aid program for low-income households, the largest social protection initiative in Philippine history.
This program, authorized under the Bayanihan to Heal as One law, aims to provide financial assistance between PHP5,000 and PHP8,000 to 18 million low-income households over two months.
The aid is primarily intended for those in the informal sector and those with no work, no pay arrangements.
An additional PHP75 billion from the national budget will be allocated for health-related initiatives and other services to combat COVID-19.
Duterte assured that the government will ensure no Filipino goes hungry during the Luzon-wide quarantine and will work to make up for lost economic opportunities.
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