“To be honest, this year will be a slow start. We will ramp up by the middle of the year starting the second quarter,” Acting Socioeconomic Planning Secretary and NEDA chief Karl Kendrick Chua said in a virtual forum organized by the Foreign Correspondents Association of the Philippines (FOCAP).
January 22, 2021 | 6:50 pm Font Size
AAA
With nations including China, the United States, Israel, and others dominating early deliveries, the WHO fears scant remaining vaccine stockpiles could leave 92 lower- and lower-middle-income nations out in the cold when it comes to vaccinating their medical workers in the COVAX program’s initial round.
A bill seeking to address the initial non-exemption of vaccine imports from duties, taxes, and has been filed in the House of Representatives.
Muntinlupa Representative Rufino B. Biazon filed House Bill (HB) No. 8375, represents a proposed amendment to Section No. 4 of Republic Act No. 11469, or the Bayanihan to Heal as Act (Bayanihan I).
SunStar
+ January 22, 2021 A TOTAL of 130 businesses in Northern Mindanao have permanently shut down their operations due to the pandemic as of January 18, 2021, the National Economic Development Authority (Neda) reported.
Neda-Northern Mindanao Assistant Director Leonila Cajarte said the closure of these establishments affected 1,632 workers.
Of the 130 businesses, 87 (67 percent) were in Cagayan de Oro, with 973 workers affected.
On the other hand, 1,458 establishments have temporarily closed, affecting 32,534 employees. Of the figure, 729 were from Cagayan de Oro with almost 16,000 workers affected. Mapasalamaton kita sa atong mga establishments dinhi sa Cagayan de Oro City kay sila naningkamot gyud pagpatuman sa pag-implement og flexible working arrangements para lang gyud maghatag og higayon nga makatrabaho ang atong mga workers, Cajarte said.
Food price hikes amid the COVID-19 pandemic continued to hurt the pockets of minimum wage earners, according to Mariz Umali’s report on “24 Oras” on Thursday.
By Dr. Jaime Jimenez
In a pandemic, the prevention of a wider spread of a virus and economic recovery are the essentials of the day. Among other things, budgeting during a pandemic needs to focus on three things: response measures, social protection, and economic stimulus.
The theme of the 2021 General Appropriations Act (GAA), signed and approved on Dec. 28, 2020, is “Reset, Rebound and Recover: Investing for Resiliency and Sustainability.”
With this theme, building health and economic resilience, specifically the “Build, Build, Build” program, agriculture, the food value chain, and other new normal priorities will be given due importance by reprioritizing the 2021 and 2022 national budgets, according to the National Economic Development Authority (NEDA).