Firma dominguez

Hanoi (VNA) – Secretary of Philippines’ Department of Finance Carlos Dominguez III on March 16 announced a 27.1 billion peso (526 million USD) spending plan for everyone affected by the coronavirus pandemic (COVID-19). The funds came from Philippine Amusement and Gaming Corporation, Philippine Charity Sweepstakes Office, and a grant from the Asian Development Bank. Accordingly, the department will spend 3.1 billion peso buying more coronavirus test kits. Meanwhile, 14 billion peso was set aside to boost the tourism industry, 3 billion peso for scholarship programmes of the Technical Education and Skills Development Authority for displaced workers, and 2.8 billion peso aid for farmers. As many as 2 billion peso will be allotted to displaced workers, 1.2 billion peso set for Social Security System unemployment benefits, and 1 billion peso from the Department of Trade and Industry to finance small and medium enterprises affected by COVID-19. The Government Service … [Read more...] about Philippines announces 526-billion-USD package to deal with COVID-19

Hanoi (VNA) - The World Bank has earmarked a 100-million-USD loan to help the Philippines fight the acute respiratory disease caused by the novel coronavirus SARS-CoV-2 (COVID-19), the Philippine Department of Finance said on March 18. The funds will enable the Department of Health to procure personal protective equipment for health care workers, along with testing and laboratory materials, quarantine areas, and other essential equipment to contain the spread of the pandemic. The Philippines has so far recorded 193 infection cases, including 14 deaths. Earlier on March 16, Finance Secretary Carlos Dominguez announced a financial support package worth 27.1 billion peso (about 526 million USD)  to help curb the spread of COVID-19 and provide economic relief to businesses and livelihood affected by the threat./. … [Read more...] about World Bank helps Philippines fight COVID-19