MANILA, Philippines — The House of Representatives Defeat COVID-19 subcommittee on the economic stimulus package is proposing a P20 billion budget for mass testing to facilitate faster economic recovery and a safe working environment amid the pandemic. Aside from the mass testing, the House Defeat COVID-19 subcommittee is also mapping out other interventions for economic recovery, such as transitional, financial, sectoral, and structural interventions. The draft bill is still subject to changes, said Garin. Meanwhile, Marikina Rep. Stella Luz Quimbo said that the economic stimulus package of the government should already be in place as soon as the economy is reopened. Some P1.3 trillion is being eyed as an economic stimulus under the measure to help the country’s economy recover from the impacts of the pandemic.

Source: Philippine Daily Inquirer May 05, 2020 09:56 UTC