Rappler
Duterte’s economic team rolls out P27.1-billion package vs coronavirus
The Philippine government has launched a P27.1-billion economic relief and containment package to address the threat of COVID-19.
Finance Secretary Carlos Dominguez III stated that the funds will be used for targeted programs benefiting affected workers and sectors.
The package includes P3.1 billion for COVID-19 containment efforts, such as the procurement of test kits, sourced from Pagcor, PCSO, and ADB.
The Department of Labor and Employment (DOLE) has allocated P2.0 billion for social protection programs, including wage subsidies for affected workers and establishments.
An additional P1.2 billion from the Social Security System (SSS) will cover unemployment benefits for dislocated workers.
The Technical Education and Skills Development Authority (TESDA) has earmarked P3 billion for scholarship programs to support affected and temporarily displaced workers through upskilling and reskilling.
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