Pres Duterte signs $3.4 billion pandemic stimulus package into law

Philippines President Rodrigo Duterte signed into law a 165.5 billion pesos ($3.4 billion) emergency relief measure on Friday to expand healthcare and help businesses after the coronavirus pandemic plunged the economy into recession. Under the new law, the government could inject 40 billion pesos in additional capital into state-owned banks so they can lend more … Continue reading Pres Duterte signs $3.4 billion pandemic stimulus package into law