Wednesday, August 17, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Spotlight Moving Forward: United Special Supplement

Senators in 19th Congress vow support for new stimulus bill

Macon Ramos-AranetabyMacon Ramos-Araneta
June 30, 2022, 12:10 am
in Moving Forward: United Special Supplement, Spotlight
Reading Time: 7 mins read
A A
132
SHARES
Share on FacebookShare on TwitterShare on Email

Several senators in the coming 19th Congress have aired their support for a new stimulus measure, which President Ferdinand Marcos Jr. confirmed is part of his priority legislation to expedite the country’s recovery from COVID-19 and provide funds for its pandemic response, to be dubbed as “Bayan Bangon Muli (BBM).”

Incoming Senate President Juan Miguel Zubiri

Marcos has repeatedly said he will look at the 2023 national budget to “find sufficient funds” for the proposed economic relief package.

The new President also said he plans to “move some public expenditures away from non-investment expenditures to more investment expenditures” to revitalize the economy.

Incoming Senate President Juan Miguel Zubiri, who ran under the banner of Marcos and Vice President Sara Duterte, recalled that passing another “Bayanihan Law” or a stimulus bill that seeks to help the country recover from the COVID-19 pandemic is one of his campaign promises in the recent elections.

“My campaign promise is to pass a Bayanihan 3 package to provide funding assistance to distressed industries such as Tourism and the micro, small, and medium enterprises (MSMEs) that were affected by the pandemic. So, the request of our President to pass a stimulus package is part of my legislative priority as a re-elected senator of the 19th Congress and will have my full support,” Zubiri said.

ADVERTISEMENT

He said this measure is badly needed “to jumpstart our economic recovery and push us to become an Asian Tiger in the region.”

Senator Sonny Angara

Sen. Sonny Angara, who will retain his chairmanship of the Senate Finance committee in the new Congress, has responded positively to the call of Marcos for a new stimulus package.

He assured his help in funding programs and policies crucial to the delivery of public services.

Under his watch as chairperson of the Finance committee in the last Congress, the Senate passed two Bayanihan laws to complement the government’s response to the pandemic.

Angara was the sponsor of the proposed 2022 national budget, which became law as the General Appropriations Act of 2022. Marcos said there was little to work with under the present budget.

Due to this, he cited the need to look to the new national budget for 2023, which lawmakers are presently crafting.

Angara committed to working closely with the President and his Cabinet to guarantee the funding of programs and policies crucial to the delivery of public services.

“We, in the Senate, are cognizant of the huge mandate the President has received and the need to fulfill promises to the people,” noted Angara.
Returning Senator Loren Legarda also vowed to support a measure that has sure funding to help MSMEs in the country.

“I support the proposed stimulus package to be given to small businesses severely affected by COVID. I will make sure that the MSME law will be adequately funded so MSME programs of various government agencies will be effectively implemented,” said Legarda.

She promised to rally behind the economic empowerment of every Filipino family.

With Marcos Jr. eyeing the funding of the stimulus measure through the 2023 national budget, Legarda said she will support the immediate approval of the next year’s General Appropriations Bill (GAB) but subject to necessary amendments.

“Yes, of course. We will study the National Expenditures Program, see if it’s aligned to a pandemic recovery budget, and amend when needed,” she said.

Another returning senator, erstwhile Sorsogon Governor Francis Escudero, said a stimulus bill is exactly what the country needs, especially in agriculture and MSMEs.

“This is exactly what we need… election spending spurred and increased our Gross Domestic Product and must be sustained in order to spur the economy further and create needed stable jobs domestically,” he said.

Aside from borrowing, Escudero said the Philippines can source its funding through sales of unnecessary government assets, improvement in the collection of current taxes, fees, and charges, curbing or lessening corruption, and proper allocation of scarce resources through the annual budget.

Escudero said he looks forward to working with like-minded and development/reform-oriented people in government, regardless of affiliation or color they may have had or carried in the last elections, and called on our people to do the same.

“Our country and people deserve nothing less,” he said.

Senator Aquilino Pimentel III

For Senator Aquilino Pimentel III, he said the general ideas for the stimulus bill “are good but we have to look at the details.”

Pimentel, who is reportedly joining Senator-elect Risa Hontiveros in the opposition in the next Congress, vowed to scrutinize and debate a stimulus bill that seeks to provide funds for the incoming administration’s pandemic response.

Senator Risa Hontiveros

He also expressed reservations to the proposed title of the measure. He said the passage of the measure floated by House Majority Leader and returning Leyte Rep. Martin Romualdez would depend on the details of the bill.

“It boils down to the details. Even the title, we should take a look at it,” said Pimentel. “ Nakasama ba ang bayan ngayon? (Is the country in a bad way today?)”

Romualdez emphasized that under the BBM Bill, the President can harness the resources available to him during this closing period of 2022 and address the needed measures for the pandemic, hopefully, endemic stage of this COVID issue.

Another re-elected Senator, Sherwin Gatchalian, who ran under the BBM-Sara UniTeam, said he will check the details of the stimulus bill proposed in the 19th Congress.

“In theory, I support a stimulus program that will not be adverse to our fiscal standing,” Gatchalian said.

As to Senator-elect Robin Padilla who wants the chairmanship of the Senate Committee on Constitutional Amendments, he will just focus on his advocacy for the country’s shift.

The senators also expressed their support for an early passage of the 2023 national budget.

Zubiri said he will support the aim of the next administration for an early passage of the 2023 budget.

“We will act swiftly on the 2023 National Expenditure Program (NEP), “ said Zubiri.

Angara would aid the incoming Marcos administration to work on the upcoming 2023 national budget bill.

On the other hand, Senator Christopher Lawrence “Bong” Go vowed to continue the Duterte administration’s fight against illegal drugs and corruption.

He emphasized the importance of maintaining the government’s hard stance against illegal drugs even when Duterte leaves office in order to prevent a resurgence.

Go underlined the government’s resolve to strengthen the ongoing campaign against illegal drugs while also providing a comprehensive approach for individuals and their families who have been victims of illegal drugs to the end of Duterte’s term.

Senator Bong Go

The former presidential aide—before becoming a senator—also vowed to fight corruption.

Gatchalian echoed Go’s commitment to ward off the continuing pervasiveness of widespread corruption in government by eyeing to pursue policies that mandate the shift to a digital government.

He said this would mean accelerating digitization and digitalization efforts in government processes and transactions, including the collection of tax payments and other regulatory fees.

“No need to go to government offices to fall in line. The problem starts here,” the senator said.

“If there is queuing in government transactions, there will surely be fixers and we already know what will happen if there are fixers,” said Gatchalian.

He noted that all government collections should be paperless or done through electronic means.

Senator Sherwin Gatchalian

“It’s high time that we push the digital transformation of government services,” he added.

According to Gatchalian, it is also high time to restore the level of trust and confidence of the public in those in government and uphold the dignity of civil servants.

Tags: 19th CongressBayan Bangon MuliCOVID-19Ferdinand Marcos Jr.stimulus bill
ADVERTISEMENT
Macon Ramos-Araneta

Macon Ramos-Araneta

Related Posts

Clinical Test Shows Real World Effectiveness of Difflam-C® vs COVID-19 Sore Throat

byManila Standard
August 17, 2022, 1:45 pm
0
136
Clinical Test Shows Real World Effectiveness of Difflam-C® vs COVID-19 Sore Throat

A recent in-vivo study done by the UERM Memorial Medical Center Research team shows Difflam-C®, a locally-available antiseptic gargle solution,...

Read more

SM Foundation, Maxeon Solar Technologies empower public schools to go green

byPatricia Taculao
August 17, 2022, 12:20 am
0
158
SM Foundation, Maxeon Solar Technologies empower public schools to go green

With the upcoming school season, SM Foundation, together with Maxeon Solar Technologies made a significant step to integrate green technology...

Read more

IABC Philippines to celebrate communications excellence at 19th Philippine Quill Awards

byManila Standard
August 16, 2022, 11:21 pm
0
149
IABC Philippines to celebrate communications excellence at 19th Philippine Quill Awards

The International Association of Business Communicators Philippines (IABC PH) will once again honor and celebrate the best of the campaigns,...

Read more

Robinsons Bank hailed as Fastest Growing Commercial Bank 4 years in a row

byManilaStandard
August 16, 2022, 10:40 pm
0
145
Robinsons Bank hailed as Fastest Growing Commercial Bank 4 years in a row

Robinsons Bank (RBank) welcomes its 25th anniversary with more awards as it continues to be recognized as the Fastest Growing...

Read more

Families worldwide to pay up to 57% more on school supplies this year – WorldRemit Data

byManilaStandard
August 16, 2022, 10:18 pm
0
152
Families worldwide to pay up to 57% more on school supplies this year – WorldRemit Data

● Household incomes have decreased by 4%, while costs have increased across the majority of countries observed year-over-year● In Zimbabwe,...

Read more

STI makes Philippine History in Huawei ICT Competition

byManila Standard
August 16, 2022, 11:25 am
0
168
STI makes Philippine History in Huawei ICT Competition

STI has made another historic remark after three of its students claimed the second prize in the Huawei ICT Competition...

Read more

Stories you may like

  • People …are talking about Liza Soberano

    Supermodel son is Philippine bet in Manhunt International

    12280 shares
    Share 4912 Tweet 3070
  • How love kept Zoey Taberna alive

    5526 shares
    Share 2210 Tweet 1382
  • Another oil price rollback likely as world economy further stalls

    1453 shares
    Share 581 Tweet 363
  • Judgments and their execution

    1293 shares
    Share 517 Tweet 323
  • Basilan solon wants barangay, SK polls reset to May 2024 to save P8b for gov’t

    1136 shares
    Share 454 Tweet 284

Print Edition

View More

Recent Posts

  • Batangas squeaks past San Juan, Zamboanga, Sarangani triumph
  • Clinical Test Shows Real World Effectiveness of Difflam-C® vs COVID-19 Sore Throat
  • ADB taps SEARCA for 10-year agriculture modernization plan that needs multi-trillion budget
  • 917Ventures’ tech startups Concati, KodeGo host 1st API Hackathon
  • Ninja Van report highlights delivery preferences of Filipino online shoppers
  • Forum: Thyroid diseases must be included in list of non-communicable diseases
  • South Korea’s Yoon says not fixated on record-low approval ratings
  • Novartis, Ask Your Derm PH raise awareness on pediatric psoriasis

Advertisement

Latest News

Forum: Thyroid diseases must be included in list of non-communicable diseases

byMST Tech
August 17, 2022, 1:01 pm
0
139
Forum: Thyroid diseases must be included in list of non-communicable diseases

It’s about time that thyroid diseases (TDs) should be included in the official list of non-communicable diseases in the Philippines....

Read more

South Korea’s Yoon says not fixated on record-low approval ratings

byAFP
August 17, 2022, 1:00 pm
0
132
South Korea’s Yoon says not fixated on record-low approval ratings

By Kang Jin-kyu Battling record-low approval ratings after just three months on the job, South Korea's conservative President Yoon Suk-yeol...

Read more

Novartis, Ask Your Derm PH raise awareness on pediatric psoriasis

byManilaStandard
August 17, 2022, 12:20 pm
0
139
Novartis, Ask Your Derm PH raise awareness on pediatric psoriasis

Reveals effective treatments to help children manage symptoms, enjoy life Psoriasis causes a significant physical, emotional, and psychological burden on...

Read more

Germany’s Russian gas crisis sparks coal rush

byAFP
August 17, 2022, 12:00 pm
0
143
Germany’s Russian gas crisis sparks coal rush

By Isabelle Le Page "A rush like this in the summertime, it's unheard of -- everybody wants coal," says Frithjof...

Read more

Top Republican Trump critic Cheney loses seat in US Congress

byAFP
August 17, 2022, 11:30 am
0
163
Top Republican Trump critic Cheney loses seat in US Congress

By Patrick Fallon with Frankie Taggart in Washington Republican rebel Liz Cheney lost her seat in Congress Tuesday to an...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App