Recto bill: Grant Duterte P600-B standby spending authority, extend Bayanihan law

The said amount would be used to fund wage subsidies to displaced workers, “large-scale” COVID-19 testing, and assistance to impacted sectors, among others.

Covered by the bill is an “employment intervention” in the form of a cash for work program where P20 billion would fund the provision of temporary jobs to “those who have been displaced by the closure of businesses as a result of the economic downturn.”Recto’s bill also seeks for a standby appropriation of P70 billion for the “capital infusion” to government banks.

Meanwhile, P35 billion and P15 billion would be allocated to the Land Bank of the Philippines and the Development Bank of the Philippines, respectively, to support the grant of low-interest loans for micro, small and medium enterprises , agri-fishery enterprises, primary tourism enterprises, export and import industries, as well as non-essential businesses.

“These interventions are being sought to soften the impact of a projected economic downturn, and to accelerate the socioeconomic recovery of the country,” he added.With the proposed extension of the Bayanihan law, Recto said this would “allow the government to pursue aggressively its efforts to contain the transmission of COVID 19 as well as to provide stimulus as the economy starts to open up.”

CMRamosINQ Why BDO is charging their clients with accrued interest? Are they allowed to do that?

CMRamosINQ Balinbingan na cash is king

CMRamosINQ Is it Filipino resillience to tolerate incomptence and under performance in thd govt?

CMRamosINQ Enough is enough!

CMRamosINQ Accounting muna ng 275b sarap gumastos at mamigay ng pera na hindi sa inyo

olimcauco CMRamosINQ Tapos yung barya lang na ayuda para sa mga talagang nangangailangan, hirap na hirap ibigay. Ba’t kaya di pa lamunin ng lupa itong mga linta na to na puro sipsip lang ang kayang gawin.

CMRamosINQ Walang katapusang waldasan at nakawan na naman ito!!!! Kawawa na talaga ang Pilipino!!! Kaapu-apuhan natin may utang dahil sa hinayupak na administrasyong ito!!!!

CMRamosINQ Rody Duterte and happy-happy.

CMRamosINQ May liquidation na ba sa 275B? May replenishment na agad at mas malaki p. ng di hamak.

CMRamosINQ 600B? We still have that?

CMRamosINQ Sipsip ka din sen. hindi nga alam ang gagawin.

CMRamosINQ Isn't 275B enough. We haven't seen the breakdown of this. Also, a lot of people were displaced by the lack of government program in this time. Before giving extra funds please study it first. Take in consideration that the OVP has less funds but has done more in this time

CMRamosINQ Enabler ng korapsyon.

CMRamosINQ Recto. Of course. 🙄

CMRamosINQ senateph we still dont know what happened to the previous funds, dadagdagan nyo pa ikukurakot nila! Puro CQ lang naman nagawa. govph pcoogov HouseofRepsPH kikopangilinan iampinglacson risahontiveros sonnyangara

CMRamosINQ Nakakakilabot! Karimarimarim! Goodluck na lng sa ating mga hampas-lupa! Lord, ikaw na ang bahala sa amin! Tamaan sana ng kidlat at matosta ang mga kawatan at inutil sa hinayupak na gobyernong meron tayo!!!😠😠😠

CMRamosINQ Wtf

CMRamosINQ maawa naman kayo sa Pilipinas mga mamayan sadlak na sa utang Philippines Manila 🇵🇭💔😪🙏🏼

CMRamosINQ okay with the extension with the condition that the OVP manages the cash.

CMRamosINQ Full audit kaya muna ng mga pondo bago extension? Wala na ngang imbestigasyon sa over priced PPEs, wala ring audit? Aba matindi.

CMRamosINQ magkano pa po ba yung kelangan ibulsa? parang wala naman pinupuntahan yang budget tapos extension pa? wow abuse of power na yan

CMRamosINQ Emergency powers na naman? Wala ba kau magagawa kung walang emergency powers! Bakit si Leni, Angel, Vico atbp marami nagagawa kahit walang emergency powers? Buang na 🤮🤮🤮🤮🤮

CMRamosINQ ? hindi pa nga na a acount yong 275B, another 600B?, baho act, ang babaho ninyo...peace

CMRamosINQ Wala n tyo pera

CMRamosINQ Ang katwiran nmn ng presidente ng mga taong yn eh 'bahala na' tutal matanda na sya at mamamatay n rin sya...bahala na. Utang na lng solusyon.

CMRamosINQ Wala yata sa first round, baka sakali sa 600B magkaroon na. Paano naman kami? Taga ambag na lang!

CMRamosINQ inutil na nga with emergency powers for 2months, tapos iextend nyo pa? eextend nyo pero 'do not rely on the governement' sabi nyo?kapaka petengene ano po?

CMRamosINQ Disappointed but not surprised🤦🏻 Pakilabas po muna liquidation nang 275B

CMRamosINQ Sa lahat ng RECTO eto ang hindi CLARO. 🤮🤮🤮

CMRamosINQ Vilma must be very ashamed of this man

CMRamosINQ Ebrebadii hapi !!!!

CMRamosINQ Bahala kyo ...kayo magybayad nyan..aalis na ako puntang mars

CMRamosINQ Utang na naman maawa naman kayo sa🇵🇭 😢

CMRamosINQ Parang ang cheap na lang ng Billion kase andali dali na ipalabas

CMRamosINQ No! A clear plan first and a lot of accountability. We don't even know what happened to the 275B yet!

CMRamosINQ wow. di pa nga kumpleto liquidation t accounting nung unang binigay may 600B na ulet. kaya pla sarap buhay sabi ih

CMRamosINQ Kingina! Magpa sabong na lang kayo dyan sa Senado at Kongreso yung malakasan. Tutal isinusugal nyo rin lang naman ang buhay namin sa mga iresponsableng desisyon nyo.

CMRamosINQ Anak ng Put***ina ka naman. Iliquidate nyo ng maayos yan!

neogem5 CMRamosINQ No.

CMRamosINQ Wag ganyan Senator! Ipakita muna yung audit sa 275B, paano ginastos.

CMRamosINQ Grabe! After almost 3mos.of ECQ, emergency powers with 270B “covid fund”, not to mention millions donated by the US and private corporations, ETO NANAMAN-This time 600B?! Recto tumigil ka! Yan lang solution nyo puro emergency powers at additional billions? Kawawang Pilipino!

CMRamosINQ Tama Na! Kalabisan Na!

CMRamosINQ At sino magbabayad niyan? Sino naman makikinabang?

CMRamosINQ Nakupo! Yang 600B standby paniguradong ubos. Dali sa katiwaldas iyan.

CMRamosINQ Recto, na naman. Nalimutan ata natin ang VAT.

CMRamosINQ Kurap ng kurap sana dumating ang panahon na tuluyan na kayong pumikit!

CMRamosINQ winnie the pooh nie ta

CMRamosINQ LetLeniLead

CMRamosINQ MassTestingNowPH

CMRamosINQ Nakakapanggigil na tong mga hayup na politicians na to! Wala ngang naramdaman ang mga tao sa 275B, ngayon mas malaki pa ang idadagdag nyo?! Ginagamit nyo ang covid para mas lalo kayong makapang-corrupt! Hanggang sa apo ng kaapu-apohan namin magbabayad ng utang dahil sa inyo!

CMRamosINQ pakilagay din po sa bill ang pinaka important clause na all expenses will undergo proper accounting and probing and will be available to public for transparency and if proven na may anomalies automatic tanggal sa pwesto and will make him/ her disqualified from any gov’t position

CMRamosINQ I wish senators will call for Duterte's immediate resignation. LetLeniLead

CMRamosINQ Hi senatePH mag suggest din kayo na mag head na niyan ay ang OVP. Truth be told, ang last. Budget na 275B na bigay niyo sa presidente, wala pa ring breakdown at wala naman siyang ginagawa. Puro pasa sa LGU ng trabaho.

CMRamosINQ Dekada ang lumipas, hindi parin nababawi ang billiones na ninakaw during the Marcos admin. Ilang dekada rin kaya bago maaccount at mabawi ang mga ninanakaw sa admin na to?

CMRamosINQ May 275B na emergency fund + utang sa world bank + 600B? Ano to?

CMRamosINQ What?!!! Php600B? E yung Php275B nga napunta lang sa bulsa. corruption

CMRamosINQ

CMRamosINQ Just let Leni lead.

CMRamosINQ Tama na po.... kawawa na mga pinoy after this... sobra sobr sobra na po ang utang pinas. Lulubog na po ang pinas. Maawa kayo sa mga tao.

CMRamosINQ Mga tinamaan kayo ng lintik!!!!puro kayo grant ng pondo wala naman maramdaman ang mga tao!!!!!kayo kayo lang ang masarap ang buhay, kami NGANGA!!!!!!!!!

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