Senators hit DBM for non-release of most Bayanihan 2 funds - News Summed Up

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Senators hit DBM for non-release of most Bayanihan 2 funds


Recto questioned this while Senator Cynthia Villar, who presided over the hearing, pointed out that the Bayanihan law is set to expire on December 19. DBM Director Cristina Clasara explained that of the P24 billion, the DBM had processed the documents of projects worth P11.6 billion. Under the 11.6 billion, Clasara told senators P4.5 billion is earmarked for the assistance to farmers. Clasara, nevertheless, assured senators that requests for funds provided under the Bayanihan law would usually undergo a swift process. P10B tourism aidMeanwhile, senators also lamented the non-release of the P10-billion Bayanihan 2 funding to assist the tourism sector.


Source: Philippine Daily Inquirer October 19, 2020 10:07 UTC



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