ADVERTISEMENTSalceda proposed that the wage subsidy be distributed for three months. “I wrote to President Duterte today to recommend to him that we begin calibrating a wage subsidy program for small and medium enterprises, as well as for those in the gig economy,” said Salceda. The solon further said that this scheme will also provide relief to formal economy workers, entrepreneurs, and self-employed individuals who belong to the middle class. Salceda estimated that MSMEs employ around 4.1 million formal economy workers, while there are some 380,000 solo entrepreneurs, and 1.5 million freelancers. Salceda also proposed an “open-application window similar to the COVID Adjustment Measures Program (CAMP)” for freelancers.

Source: Philippine Daily Inquirer April 11, 2020 14:37 UTC