MANILA, Philippines — Senate President Pro Tempore Ralph Recto has filed a third Bayanihan measure that would provide P485 billion in funding to “help the country bounce back” from the COVID-19 pandemic.
Recto filed Senate Bill No. 1953 or the proposed Bayanihan to Rebuild as One Act “as a continuing response to soften the impact of an economic downturn, accelerate the economic recovery of the country and respond to the urgent needs of areas battered by the recent typhoons.”
Under the bill, the P485-billion allocation will be used to fund the following COVID-19 recovery efforts:
P55 billion for the procurement of COVID-19 medication and vaccines
P55 billion for the handling o…
Keep on reading: Recto files P485B Bayanihan 3 bill