Allies of presumptive President Ferdinand Marcos Jr. are preparing a stimulus program, similar to the Bayanihan packages of the Duterte administration, that would help tackle the health and economic
As funds would be needed for what Romualdez called the “Bayan Bangon Muli” program, the Leyte representative said among the proposals being considered is the postponement of the barangay and Sangguniang Kabataan elections in order to use the allocation for that exercise for the stimulus package.
“It was president Marcos’ initials, BBM. The ‘Bayan Bangon Muli’ bill … will allow the incoming president to harness the resources available during the closing period of 2022 and pass measures that are needed for [what is] hopefully [the] endemic stage of this COVID-19 [pandemic]. And of course, to harness whatever remaining resources to stimulate the economy,” Romualdez said in an interview with reporters on Thursday.
In support of the initiative, Albay Rep. Joey Salceda on Friday said: “I’m looking for measures … to fund the ‘Bayan Bangon Muli’ package being proposed by the incoming administration. I’ll help the House Speaker fully fund that package. Let’s try to keep the fiscal space intact.” No amount has yet been set for the stimulus package. But according to Romualdez, lawmakers are considering the postponement of the barangay and Sangguniang Kabataan elections scheduled in December.
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