With President Rodrigo Duterte’s signing of the Bayanihan to Recover as One Act or Bayanihan 2, we are well on our way to further intensify our aid and assistance not only to the healthcare sector, but also to the affected sectors of agriculture, tourism, and transportation, among others, that were impacted by the COVID-19 pandemic.
The stimulus package plan consisting of ₱140 billion-worth of regular appropriations and an additional standby fund of ₱25.5 billion will go towards the continuance of our proactive responses and the inclusion of other sectors’ needs, especially our micros, small, and medium enterprises, as we gradually reopen our economy to bounce back and to achieve our forecasted growths for the coming months and year.
As the Duterte administration remains committed in the promotion and upholding of accountability and transparency, especially on public expenditure, a monthly report will be duly submitted to the Congress until December 2020.
With Bayanihan 2 in place, we are set to heal and recover as one nation as we continue our fight against COVID-19.
