President Rodrigo Duterte said running out of money to address this crisis would be the “endgame.” | KAguilarINQ
In a televised address aired early Thursday, Duterte said running out of money to address this crisis would be the “endgame.”
“What is the endgame? Pag maubos talaga ang pera,” Duterte said. “Pag wala na akong makuha and we’re about to sink and really sink, I will sell all the assets of the government tapos itulong ko sa tao.” [What is the endgame? If the money runs out. When I can’t get any more and we’re about to sink, I will sell all the assets of the government and use it to help the people.)]
Duterte floated the idea of selling the Cultural Center of the Philippines or the Philippine International Convention Center .to fund the government’s response to the COVID-19 pandemic, saying the P270-billion budget allotted “was not enough.” The P270-billion budget for the COVID-19 response efforts was part of the Bayanihan to Heal As One Act, which was recently signed by Duterte.Under the law, the government has set aside P200 billion worth of cash aid to be distributed to some 18 million low-income families, with the amount ranging from P5,000 to P8,000 depending on the wage rates in their regions.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Duterte warns landlords, lessors vs evicting tenants amid COVID-19 crisis
Read more »
Filipinos urged to unite, echo war veterans' bravery in COVID-19 fight
Read more »
Dagupan City mayor donates 8 months salary for COVID-19 test kits
Read more »
'COVID-19 hit us in a very hard way': Dominguez says negative growth in 2020 possible
Read more »
Quezon City bans acts of discrimination vs COVID-19 patients, frontliners
Read more »
Duque touts Philippines' small number of COVID-19 cases
Read more »