The Philippines’ House of Representatives on Monday approved the final version of a 165.5 billion-peso ($3.4 billion) pandemic relief bill that would provide subsidies to the unemployed, loans to businesses and payment deferral for borrowers.
The measure, which would also extend President Rodrigo Duterte’s authority to refocus funds in this year’s 4.1 trillion-peso budget, will be sent to him for signature after the Senate’s approval last week.
