Jobless jeepney bus drivers line up to receive food donations as public transportation was again restricted during the lockdown in Quezon city, Philippines. - AP
MANILA, Aug 9 (Bloomberg): The Philippines needs 1.56 trillion pesos (US$31.8 billion) to help it recover from a record economic contraction, according to a lawmaker.
A larger and consolidated response is needed instead of a "piecemeal approach,” Stella Quimbo, co-chair of the House of Representatives’ panel on economic stimulus, said in an interview on Saturday (Aug 8).
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