Under the proposed measure Bayanihan 3 or the Bayanihan to Arise as One Act, 110 million Filipinos stand to receive P2,000 cash aid or ‘ayuda.’
Some P405.6 billion will be distributed among the poor, middle-class—who were not previously included in the dole-outs—and the rich, in two tranches.
The Bayanihan 3, primarily penned by Marikina congresswoman Stella Quimbo, also enhances social services as well as financial services for workers and families displaced by lockdowns.
“There were many complaints on distribution (of the previous social amelioration programs), so it’s better to err in over-inclusion rather than over-exclusion,” she reasoned.
The bill also gives richer citizens the option to waive their cash aid, which will then be used to augment the budget for other programs under the bill.
House Speaker Lord Allan Velasco said that they will prioritize the bill’s passage when session resumes.
The Bayanihan to Recover as One Act, or Bayanihan 2, had ended on December 31 last year, but has been extended up to June 30 this year.
Its author, Camarines Sur Rep. LRay Villafuerte, said there was a real need to extend it due to the second wave the country experienced.