Tag: Senate ratifies 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 […]