DOLE: P2-B addt’l budget for workers’ cash assistance requested

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MANILA – The PHP2 billion supplemental budget requested by the Department of Labor and Employment (DOLE) from the Department of Budget and Management (DBM) will benefit nearly 400,000 formal workers in several regions, including the National Capital Region (NCR), who will be affected by the two-week enhanced community quarantine (ECQ).

Labor Secretary Silvestre Bello III stated the requested amount will be used under the department’s Covid-19 Adjustment Measures Program (CAMP) for displaced workers in the formal sector.

“A safety net program aims to provide one-time financial support to affected workers in the formal sector regardless of status, in private establishments or those who are employed by any person acting directly or indirectly in the interest of an employer in relation to an employee,” Bello said.

Beneficiaries will get a one-time cash assistance of PHP5,000 as part of the program.

Probationary, project, seasonal, contractual, and casual employees in private health institutions, culture and arts, creative industries, including but not limited to film and audiovisual workers, broadcast, construction, public transportation, trade and industries, cooperatives, and other sectors of the economy as identified by DOLE will be covered by the CAMP.

“With the extension of the enhanced community quarantine (ECQ) in Metro Manila, the country’s main economic hub, the Department would need emergency funds to be able to serve a significant number of workers from small and medium enterprises who will be affected by the ECQ considering that DOLE will be receiving applications for those who want to avail said one-time cash assistance program,” he added.

The following are the funds allocated and the number of beneficiaries per region:

— NCR (PHP776.1 million, 155,520 workers)

— Central Luzon (PHP298.5 million, 59,700 workers)

— Calabarzon (PHP179.1 million, 35,820 workers)

— Western Visayas (PHP159.2 million, 31,840 workers)

— Northern Mindanao (PHP39.8 million, 7,960 workers)

The remaining PHP537.3 million will go to another 107,460 workers around the country.

The PHP2 billion augmentation fund for CAMP, according to Bello, also covers administrative and transaction fees for financial assistance transfers via remittance partners or digital payment service providers.

House committees to hold hearings during break

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Spread the loveMANILA – The House of Representatives has authorized for its committees to conduct hearings during the five-week congressional break, extending until late April.