MANILA, Feb 7 (Bloomberg): Philippines House Speaker Lord Allan Velasco said he submitted a 420 billion peso (US$8.7 billion) pandemic relief bill to Congress to revive an economy in recession.
The relief will help fund programmes for pandemic-hit businesses and deliver another wave of cash aid for the poor, Velasco said in a statement on Sunday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!