Proposed P335B stimulus package for pandemic recovery filed in Senate

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MANILA, Philippines — A bill seeking a P335-billion expanded stimulus package to aid in pandemic recovery has been filed in the Senate.

Senator Manny Pacquiao filed Senate Bill No. 2123 or the proposed Expanded Stimulus Package Act of 2021, which seeks to augment the funds provided under two Bayanihan laws passed by Congress last year.

“We are facing an era of unprecedented tests. The COVID-19 pandemic wreaked havoc across the globe. World economies are either crumbling or in a steep plunge. Although uncertainties seem to overshadow our days ahead, decisive actions have to [be] made at the soonest possible time,” the senator said in the bill’s explanatory note.

“At pre…

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