DOF: P10.1B wage subsidies given to 1.26M SME workers
As of May 6, over 1.2 million workers from small and medium enterprises (SMEs) have received P10.1 billion in wage subsidies under the government's Small Business Wage Subsidy program.
The Department of Finance reports that these subsidies were credited to employees' bank accounts or PayMaya accounts, with some opting for money remittance through MLhuillier.
Finance Secretary Carlos Dominguez III chairs the SBWS inter-agency task force, which includes representatives from the SSS and BIR.
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