Tag: Bayanihan 2

Senate ratifies final version of Bayanihan 2; P165.5-billion budget set aside to facilitate PHL economic recovery

(Eagle News)–The Senate on Thursday night ratified the reconciled version of the proposed Bayanihan law 2, with a stimulus of up to P165.5 billion for the country’s economic recovery. The ratification came only hours after the Senate and the House came up with the reconciled version after coming to terms with several contentious issues, including a P10-billion assistance intended for the tourism industry. According to Senator Sonny Angara, the ratified measure allots a  P140-billion budget […]

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Lower House passes Bayanihan 2 bill, but solons feel P162-B in bill not enough to address COVID concerns

(Eagle News) – The House of Representatives approved on third and final reading House Bill 6953, the so-called Bayanihan to Recover as One Act, also known as Bayanihan 2 that sought to give additional powers for government to address the COVID-19 pandemic. The Lower House overwhelmingly voted to approve the bill on Monday, Aug. 10, with 242 affirmative votes and only six negative votes. But lawmakers who explained their vote expressed apprehension that the P162 […]

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