MANILA - Congress on Thursday ratified the Bayanihan to Recover as One Act , which gives the government more funds and discretion to create programs and aid packages to counter the health and economic
problems stemming from the coronavirus disease 2019 .
"That's not usually the best practice in terms of budgeting, but in times of uncertainty, it's what the executive requested so there is maximum flexibility," he said. The new package also gives a P15,000-cash aid for health workers who will be diagnosed with mild or moderate COVID-19. Medical frontliners who would be infected with a severe case of the disease will receive P100,000 each, while those who will succumb to the virus will be entitled to P1 million.
"Ibig sabihin, kung sa certification ng WHO ay ang isang vaccine ay puwede nang gamitin kahit hindi po dumaan sa Phase 4, payag na po, may authority na bilhin," said Senate Minority Leader Franklin Drilon, who was part of the Senate contigent to the bicameral conference committee.The Bayanihan 2 also bolsters the Ease of Doing Business Act by mandating all government agencies to finish all license applications and other transactions within 7 days, Angara said.
"All loans may be settled on staggered basis without interest on interests, penalties and other charges until December 31, 2020 or as may be agreed upon by the parties," the bill read.The Bayanihan 2 has also exempted several items and benefits from taxation to ease the burden on Filipinos during the economic recession.
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