MANILA - The Management Association of the Philippines on Friday urged government to disburse funds under the second coronavirus response package based on certain "objective criteria," as it hailed C
MANILA - The Management Association of the Philippines on Friday urged government to disburse funds under the second coronavirus response package based on certain "objective criteria," as it hailed Congress in enacting the measure.
The bill sets aside P140 billion for the pandemic response and includes allotments for various government programs to help affected individuals and sectors. There's also an additional P25-billion in standby appropriations. "We are happy that health is the focus, which is key to opening the economy. Big funding is set aside for credit and we urge the government to ensure that it can be accessed easily, especially by small businesses," Lim said.
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