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MB Daily News Update: PRRD OKs P500-'ayuda', says P200 wasn't enough

Philippines | National

MB Daily News Update: PRRD OKs P500-'ayuda', says P200 wasn't enough

By Manila Bulletin

Deeming that the first allocation was “too small” and “cannot sustain” even a family of three, President Duterte jacked up the erstwhile P200-financial assistance or “ayuda” for poor families to P500 to help cushion the effects of increasing fuel costs.

The Chief Executive also signed into law amendments to the Public Service Act that are expected to spur economic recovery because these will encourage investments in sectors essential to public welfare, effectively opening up to 100 percent foreign equity across economic sectors.

Duterte also explained why he gave the go-signal for American forces to use Philippine bases amid the raging conflict between Ukraine and Russia.

Meanwhile, during a Senate hearing, e-sabong operator Atong Ang denied allegations that he could make a ‘sabungero’ disappear for a mere P5,000.

These are among our top stories this Tuesday morning, March 22, 2022.

‘AYUDA’ – A jeepney driver shows his fuel subsidy card, which he received on Monday, March 21, 2022. He is one of more than 377,000 public utility vehicle (PUV) drivers who are set to each receive the P6,500-government financial assistance so that they can cope with the surging prices of fuel products. (Manny Llanes)

From the Palace

#MatalinongBoto

Presidential bets

Marcos

Pacquiao

Robredo

Senatorial bets

Other election-related reports

Fuel price adjustments

Covid-19 Update

Proposed wage hike

Case of missing ‘sabungeros’

Plane crash in China

Due to alleged ties, sympathy with CPP-NPA

PH Navy ensign in hot water

New criminologists

Weather Update

Business

Education

Health

Judiciary

Travel

Metro Roundup

Provincial Roundup

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