SENATOR Sonny Angara on Saturday promised to monitor the implementation of “Bayanihan to Recover as One Act” to ensure that funds are spent properly and benefits will be delivered to the pandemic-hit sectors.
“Congress will continue to closely monitor the implementation of the law through its oversight committee,” said Angara.
“And now with the Commission on Audit also receiving the same reports of the executive branch, more sets of eyes will be available to ensure no funds are being wasted and the benefits spelled out in the law will go to their intended recipients without delay,” he added.
The chairman of the Senate Committee on Finance believes that Bayanihan 2 will make sure “that the government’s response to the health crisis that our country is going through will continue without interruption.”
“This will provide much needed support to our health sector, which is at the frontline in this battle against COVID-19,” Angara stressed.
“Assistance will also be provided to the sectors most affected by the community quarantines such as tourism and the micro, small and medium enterprises (MSME), which experienced zero economic activity for over four months.
They will have access to low-interest loans to help them continue their operations and financial aid for the workers who lost their jobs,” he said.
The senator stressed that Bayanihan 2 will “bridge the gap between now and January 2021 when the new general appropriations act will be enacted.”Publication Source : People's Tonight