MANILA, Philippines — The Departments of Finance (DOF) and Budget and Management (DBM) are already identifying funding sources for the proposed Bayanihan 3, Speaker Lord Allan Velasco disclosed Tuesday.
According to Velasco, DOF Secretary Carlos Dominguez III and DBM Secretary Wendel Avisado told him in a virtual meeting last April 8 that they were already determining funds to finance Bayanihan 3, a measure that aims to “hasten the country’s economic recovery from the ravage of the health crisis.”
He lauded the economic managers for now seeing Bayanihan 3 as “a lifeline” for Filipinos amid the critical COVID-19 situation.
“I am very thankful to Secretary Dominguez and Secre…
Keep on reading: Velasco: Economic managers now identifying fund sources for Bayanihan 3