Pres. Duterte pile out P27.1 Billion as a war chest for COVID-19

The Duterte administration's economic team announced a much-awaited spending plan amounting to Php27.1 Billion to arrest the spread of the novel coronavirus and provide economic aid to the sectors that are hammered by the pandemic disease (COVID-19). 

“As directed by President Duterte, the government will provide targeted and direct programs to guarantee that benefits will go to our workers and other affected sectors,” Finance Secretary Carlos Dominguez said in a statement. 

“We have enough but limited resources, so our job is to make sure that we have sufficient funds for programs mitigating the adverse effects of COVID-19 on our economy,” he added. 

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