MANILA, Philippines — Senator Grace Poe on Tuesday urged government agencies to accelerate the spending of their budgets to stir up economic activity and create more jobs.
With just over a month before the expiration of the Bayanihan 2 funds, Poe reminded government agencies to act fast to utilize their budget allocations aimed at helping people cope with the economic impacts of the pandemic.
Congress has extended the validity of unspent funds under the P140-billion Bayanihan 2 funds up to June 30 this year. The unused amount of around P110 billion under the 2020 General Appropriations Act will likewise remain accessible until the end of December.
Poe noted that failure to…
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