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Provinces given over P6-B grant to help with COVID-19 expenses
Provincial governments in the Philippines will receive P6.197 billion in grants to fund their response to the COVID-19 pandemic.
The Department of Budget and Management (DBM) released the cash allocation for the Bayanihan Grant to Provinces.
The grant is equivalent to half of a province's one-month fiscal year 2020 Internal Revenue Allotment (IRA).
The allocated funds are intended to augment hospital funding for COVID-19-related expenses and support the operation and maintenance of provincial checkpoints.
Provinces in Regions IV-A (CALABARZON) and III (Central Luzon) received the largest amounts of the grant.
Unutilized funds must be remitted back to the Treasury after the state of calamity is lifted.
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The Department of Interior and Local Government (DILG) has ordered 81 provincial governors to swiftly use the P6.197-billion Bayanihan Grant to Provinces (BGP) to combat the COVID-19 pandemic in their areas.
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President Rodrigo Duterte announced that the Philippine government has released P132.3 billion to fund the country's COVID-19 response efforts.
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Senator Christopher "Bong" Go is advocating for the national government to provide one-time financial assistance to provincial local government units (PLGUs) to help them manage the COVID-19 crisis.
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The Philippine government aims to raise P1.17 trillion, equivalent to 5% to 6% of the country's GDP, to fund its COVID-19 response and mitigate economic effects.
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