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Pacquiao bats for P335-billion pandemic stimulus bill

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Katrina Domingo, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2021/news/03/24/sen-manny-pacquiao.jpg"/><figcaption>Sen. Manny Pacquiao delivers a privilege speech in the Senate on March 3, 2021. <em>Albert Calvelo, Senate PRIB</em></figcaption></figure></div><p>MANILA - Sen. Manny Pacquiao on Wednesday filed a bill seeking to create a fresh P335-billion stimulus package for workers and families who still need cash aid a year since the COVID-19 pandemic began.</p><p>Under Senate Bill No. 2123, Pacquiao seeks to allocate funds as follows:</p><ul>	<li> P100 billion to help low-income individuals, households and homeless persons</li>	<li> P100 billion for worker subsidies</li>	<li> P100 billion for capacity-building in critically affected sectors</li>	<li> P30 billion for displaced workers assistance</li>	<li> P3 billion for internet allowance for DepEd K-12 teachers and students </li>	<li> P2 billion for internet allowance for tertiary level teachers and students</li></ul><p>&quot;At present, there is no single cohesive action plan in place to cushion the blow brought about by the pandemic to our people&#x27;s everyday life,&quot; Pacquiao said in the bill&#x27;s explanatory note.</p><p>&quot;This bill fills up such void in our current system as it addresses the gaps in our policies while maintaining transparency measures among our agencies,&quot; he said.</p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Sen. Manny Pacquiao files bill pushing for a P335-B stimulus package<br/><br/>- P100B for low-income individuals<br/>- P100B for workers subsidies<br/>- P100B for critically-impacted sectors<br/>- P30B for displaced workers<br/>- P3B for public school teachers<br/>- P2B: internet allowance for SUCs <a href="https://t.co/xCYrSIRHla">pic.twitter.com/xCYrSIRHla</a></p>— Kat Domingo (@_katrinadomingo) <a href="https://twitter.com/_katrinadomingo/status/1374574577859272705?ref_src=twsrc%5Etfw">March 24, 2021</a></blockquote><div><script async="" src="https://platform.twitter.com/widgets.js" charSet="utf-8" type="text/javascript"></script></div><p>Pacquiao&#x27;s bill was filed exactly a year after the Senate passed on final reading the &quot;Bayanihan to Heal as One Act&quot;— the Philippines&#x27; first COVID-19 stimulus package.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/03/24/20/senate-oks-bill-granting-additional-allowance-for-health-workers-poor-families-during-covid-19-crisis">Senate OKs bill granting additional allowance for health workers, poor families during COVID-19 crisis</a></li></ul><p>Bayanihan 1 authorized the national government to provide a monthly allowance of between P5,000 and P8,000 to some 18 million indigent families for 2 months, while their sources of income were crippled by the lockdown in Luzon.</p><p>It also guaranteed special benefits for health frontliners including the grant of additional compensation on top of their usual hazard pay.</p><p>In July 2020, Congress passed the Bayanihan to Recover as One Act (Bayanihan 2) to allow the national government to procure more COVID-19 test kits, and help infuse capital into small businesses that were forced to either close or downscale due to COVID-related restrictions.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/07/28/20/senate-oks-bayanihan-2-bill-on-final-reading">Senate OKs Bayanihan 2 bill on final reading</a></li></ul><p>Last year, legislators decided to extend the validity of the Bayanihan 2 until June 30, 2021 as the government has yet to utilize some P38 billion in aid about a month before its original mid-December expiration date.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/12/15/20/senate-extends-validity-of-2020-budget-bayanihan-2">Senate extends validity of 2020 budget, Bayanihan 2</a></li>	<li><a href="https://news.abs-cbn.com/news/03/22/21/nasaan-na-ang-pera-duterte-says-banks-hold-money-for-covid-19-vaccines">&#x27;Nasaan na ang pera?&#x27; Duterte says banks hold money for COVID-19 vaccines</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1640489" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>Sen. Manny Pacquiao on Wednesday filed a bill seeking to create a fresh P335-billion stimulus package for several workers and families who still need cash aid a year since the COVID-19 pandemic began.</p>

Sen. Manny Pacquiao on Wednesday filed a bill seeking to create a fresh P335-billion stimulus package for several workers and families who still need cash aid a year since the COVID-19 pandemic began.

Pacquiao bats for P335-billion pandemic stimulus bill

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Pacquiao bats for P335-billion pandemic stimulus bill

Katrina Domingo,

ABS-CBN News

Published Mar 24, 2021 02:06 PM PHT

Read More:

Manny Pacquiao

COVID-19

COVID-19 stimulus package

health

economy

Senate

Bayanihan 1

Bayanihan 2

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