An Act Providing For Additional Mechanisms To Accelarate The Recovery And Bolster The Resiliency Of The Philippine Economy, Providing Funds Therefor And For Other Purposes

• This bill, otherwise known as the Bayanihan to Rebuild as One Act, aims to provide P485 Billion to help the country bounce back from the pandemic, to wit:
• P55 Billion for the procurement of COVID- 19 medication and vaccines;
• P55 Billion to be allocated for the handling of vaccines, hiring of contact tracers, testing and treatment under PhilHealth, and payment of actual hazard duty pay;
• P100 Billion for worker subsidies; 
• P100 Billion for the capacity building of critically impacted sectors; 
• P70 Billion for additional social amelioration to affected households; 
• P20 Billion for assistance to households that have been severely impacted by recent typhoons;
• P30 Billion for assistance to displaced workers;
• P50 Billion for rehabilitation of typhoon-affected areas; 
• P3 Billion for internet allowances for DepEd K to 12 teachers and students; and
• P2 Billion for the Commission on Higher Education (CHED) for internet allowances for tertiary level teachers and students. 

• Please note that this is a counterpart measure to House Bill No. 8031 filed by Representative Stella Quimbo of the 2nd District of Marikina City. While this bill, in the meantime, essentially adopts the provisions of the House Bill, this will be subject to the collective wisdom of the members of the Senate.

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