Gov’t has enough funds for COVID-19 response, senators assure

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Gov’t has enough funds for COVID-19 response, senators assure
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The government has enough money to fund the fight against the coronavirus disease (COVID-19) pandemic, senators said on Tuesday. | CMRamosINQ

The funding was allowed as part of the Bayanihan to Heal As One Act, or Republic Act No. 11469, which granted Duterte special powers to allocate it.

Sen. Panfilo Lacson also pointed out that the government could tap other sources to augment the funds for the country’s COVID-19 response, on top of the available P275 billion from untapped and unused funds from GOCCs. According to Lacson, the distribution of assistance to affected families would pose a “bigger challenge” than the availability of funds.Sen. Imee Marcos, chair of the Senate economic affairs committee, also said that “there is money.”

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