Metro Manila (CNN Philippines, May 21) — The House of Representatives’ appropriations committee approved on Friday the Bayanihan 3 bill which provides for a new round of cash aid for Filipinos affected by the COVID-19 pandemic.
The proposed third stimulus measure, also known as Bayanihan to Arise as One Act, has a ₱405.6 billion budget.
House Majority Leader Martin Romualdez said over the weekend that the chamber will prioritize the said bill, which intends to revive the Philippine economy that remains in recession amid the health crisis.
The Bayanihan 3 bill earlier hurdled the House Committees on Social Services, Economic Affairs, and Ways and Means. It still needs to get the nod of the House plenary and the Senate.
CNN Philippines correspondent Rex Remitio contributed to this report.
