KABATAA ALERT: House passes BARO Act

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House passes HB 6953 aka the Bayanihan to Recover as One Act (BARO Act) with 242 affirmative votes, 6 negative votes, and 0 abstention in third and final reading.

The BARO Act provides for a funding of only 162-Billion pesos for assistance to sectors affected by the pandemic. Recently, the Philippine economy had hit a period of recession with economic analysts saying a negative growth of almost 16% was recorded this quarter, the lowest since Marcos’ years.

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