Government readies P9 billion fund for fresh cash dole outs

Elijah Felice Rosales (The Philippine Star) – June 24, 2021 – 12:00am MANILA, Philippines — The government plans to use the nearly P9 billion borrowed funds from Japan to bankroll its remaining obligations in responding to the financial difficulties brought about by the recent revert to lockdown. Finance Secretary Carlos Dominguez yesterday said the government would deploy 20 billion Japanese yen (about P8.71 billion) to deliver social amelioration program (SAP) in affected communities in Metro Manila and surrounding provinces. The Japanese government on June 8 approved the release of the amou...