DOLE Budgets P19B For Financial Aid To Local Workers, OFWs

DOLE Budgets P19B For Financial Aid To Support Local Workers/OFWs Amid Pandemic

DOLE BUDGETS P19B – The Department of Labor and Employment (DOLE) has allocated P19 billion worth of financial aid to be given to local workers and OFWs affected the pandemic.

According to Labor Secretary Silvestre Bello III, more than 2 million local workers and 500 OFWs would benefit from this 2021 budget. Bello said that the budget was initially around P16 billion. However, this was increased by P3 billion using funds from the Department of Tourism.

DOLE Budgets P19B For Financial Aid To Local Workers, OFWs

The additional increase was to provide assistance for tourism workers who were severely hit by the coronavirus pandemic. Based on an interview from ABS-CBN, Bello said:

Meron kaming mga total of P16 billion, nadagdagan pa ng P3 billion although this is the budget of the Department of Tourism because this is intended to provide assistance to those working in the tourism industry

Bello stated that DOLE has allocated a budget of P5,000 per qualified formal worker. Meanwhile, OFWs would be given around $200 or P10,000. Along with this, DOLE said they also had a budget for informal workers as well.

Ito [informal workers], ‘yung mga self-employed kagaya ng mga tricycle drivers, sidewalk vendors, labandera, manikurista

The Philippine work-force has been hit hard amid the pandemic. Last year, more than 5 million Filipinos lost their jobs due to lockdown restriction caused by the spread of COVID-19.

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