Manila Bulletin
Gov't can tap P400B public funds to fight COVID-19
The Philippine government can access nearly P400 billion in public funds to combat the coronavirus pandemic, following the enactment of the Bayanihan to Heal as One Act.
This legislation grants the President expanded powers to address the health emergency, including the reallocation of funds from the Executive branch.
A significant portion of these funds will be allocated to a social amelioration program aimed at providing food and cash assistance to approximately 18 million marginalized and needy families nationwide.
The emergency subsidy for low-income households is expected to range from P5,000 to P8,000.
A technical working group led by the Department of Social Welfare and Development (DSWD) is finalizing the details of this social amelioration program for immediate implementation.
Another task group will identify and address the requirements for the pandemic response, such as hospital beds, testing kits, and medical supplies, ensuring their distribution across Luzon, Visayas, and Mindanao.
The government has established a National Action Plan to coordinate measures against the spread of the virus and mitigate its societal and economic impacts.
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Congress is preparing to grant President Duterte emergency powers through the proposed "Bayanihan Act of 2020" (House Bill No. 6616) to combat the COVID-19 pandemic.
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President Rodrigo Duterte signed into law the "Bayanihan to Heal as One Act" (Republic Act No. 11469) on March 24, 2020, granting him special powers to address the COVID-19 pandemic.
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The Senate has assured that 18 million Filipino families will receive emergency subsidies ranging from P5,000 to P8,000 for two months under the proposed "Bayanihan to Heal as One Act" bill.
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President Duterte announced a P200-billion social protection program to aid low-income families affected by the coronavirus emergency, with the wealthy excluded from the benefits.
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The Department of Budget and Management (DBM) has released P100 billion to the Department of Social Welfare and Development (DSWD) for the social amelioration program aimed at assisting low-income households affected by the COVID-19 pandemic.
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