Gov’t issues IRR on regulatory relief to private projects under Bayanihan 2 By TED CORDERO, GMA News Published January 7, 2021 5:59pm The government has issued the implementing rules and regulations (IRR) for the identification of private sector projects that will qualify for regulatory relief under certain conditions in the Bayanihan To Recover As One Act or Bayanihan 2. In a statement on Thursday, the Department of Finance (DOF) said Finance Secretary Carlos Dominguez III, Trade Secretary Ramon Lopez, and Environment and Natural Resources Secretary Roy Cimatu signed the IRR. The IRR took effect following its publication in a newspaper general circulation on January 7, 2021, according to the DOF.