Connect with us

Headline

Economic team tapped to seek more funds for Covid-19 response

Published

on

FILE: President Rodrigo Roa Duterte at the Malacañan Palace on July 11, 2019. TOTO LOZANO/PRESIDENTIAL PHOTO

MANILA – President Rodrigo Duterte has tapped his economic team to find ways to augment the current PHP275-billion budget for the coronavirus disease 2019 (Covid-19) response, a Palace official said on Tuesday.

Duterte earlier said the national government does not have sufficient funds to address Covid-19 pandemic in the country.

Cabinet Secretary Karlo Nograles said the current situation in the country is “very fluid,” considering that the enhanced community quarantine in Luzon has been extended until April 30.

“Una, sinabi natin hanggang April (12) lang. Ngayon ine-extend natin to April 30 (We initially announced that the Luzon-wide enhanced community quarantine is just until April 12. Now, we extended it to April 30),” he said in a virtual press conference aired on state-run PTV-4.

“So bibigyan din po natin ng kaunting leeway din ang executive at si Pangulo, depending on ano ang mga pangangailangan (So we have to give the executive and the President the leeway, depending on what they need),” Nograles added.

In a televised public address late Monday night, Duterte bared that the government needs more funds for relief efforts, as the country continues to deal with Covid-19 pandemic.

Duterte said he had directed Finance Secretary Carlos Dominguez III to look for additional funds in addition to the PHP275-billion package.

Nograles said the government needs more funds to effectively fight Covid-19.

“So ’yung economic team ay inatasan ni Presidente na mag-hanap ng ways and means talaga na maka-build up ng funds para ma-sustain ang ating mga kinakailangang gawin ngayong enhanced community quarantine (The President ordered his economic team to look for ways and means to build up funds and sustain the needs during the implementation of enhanced community quarantine),” he said.

Duterte, in his address to the nation, said he had also directed officials to “explore options” to realign the budget for Covid-19 response by reducing or removing the allocations for several projects.

Presidential Spokesperson Salvador Panelo, in a separate virtual presser, said the realignment of funds would be the job of Dominguez, Trade Secretary Ramon Lopez, and Transportation Secretary Tugade.

“They will know what to align and where to put those funds,” he said.

Cash aid for middle class

The community quarantine was supposed to lapse on April 12.

Duterte, however, extended the community quarantine until April 30, based on the recommendation of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases.

Following the extension of community quarantine, the economic team is now studying Duterte’s plan to grant cash aid to middle-income families, Nograles said.

Nograles said another program might be implemented for families who are in the middle class since they are not qualified to avail of the PHP200-billion social amelioration program for 18 million poor households.

“There has to be another program with another fund source and another set of guidelines,” he said. “There are other ways we can help the middle class, not in the social amelioration.”

Nograles, however, noted that the low-income households remain the priority of the government.

He said there might also be a new package that will be offered to poor families affected by Covid-19 crisis.

“Ang uunahin muna nati, ‘yung mga nangangailangan (We will prioritize those who are in need), the poorest of the poor,” Nograles said. “May second pa na coming social amelioration (There will be a second coming social amelioration package), if need be.” 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle2 days ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle4 weeks ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle1 month ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle3 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle3 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver4 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver5 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver6 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...