President Rodrigo Duterte has signed into law the Bayanihan to Recover as One Act, which provides for a P165.5-billion fund to finance the country's response and recovery interventions intended to mitigate the impact of the coronavirus disease 2019 (Covid-19) pandemic.
Presidential Spokesperson Harry Roque confirmed in a statement yesterday that Duterte signed the law, which also grants special powers anew to the president to best deal with the pandemic.
Roque thanked the leaders of both Houses of Congress for the swift passage of the measure that was ratified in August.
The stimulus package consists of P140 billion of regular appropriations and an additional standby fund of P25.5 billion.
Under the law, P3 billion will be allotted for the procurement of personal protective equipment, face masks, and face shields; P4.5 billion for the construction of temporary medical isolation and quarantine facilities and the expansion of government hospital capacity; and P13.5 billion for emergency employment and compensation of health workers.
A total of P4.5 billion will be used to finance isolation facilities, hotel accommodation, food, and transportation of Covid-19 patients; and P5 billion for the hiring of contact tracers.
Furthermore, P13 billion will be allocated for the cash-for-work program, P9.5 billion for assistance to public utility drivers and other programs of the transportation department, P6 billion for "individuals in crisis" and other programs of the social welfare department, P4 billion for the tourism industry, and P4 billion for the education department’s implementation of digital learning.*PNA
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