MANILA, Philippines — The Department of Labor and Employment (DOLE) has earmarked a finances of P19 billion as financial assistance to virtually two million Filipino employees within the nation and round 500,000 abroad Filipino employees (OFWs) for 2021, Labor Secretary Silvestre Bello III stated Thursday.
According to Bello, DOLE initially solely had a P16 billion finances for this assistance program however this elevated by P3 billion with funds from the Department of Tourism (DOT) for tourism employees whose jobs have been affected by the Covid-19 pandemic.
“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,” he stated in an interview with ABS-CBN News Channel.
He defined that the DOLE was tasked to implement the distribution of the P3 billion funds from the DOT.
According to Bello, the division has a finances of P5,000 for every certified formal employee, or an individual employed in an organization, and $200 or P10,000 for OFWs affected by the pandemic.
Aside from the financial assistance to formal employees and OFWs, Bello stated the DOLE additionally has a finances allocation for casual employees.
“Ito [informal workers], ‘yung mga self-employed kagaya ng mga tricycle drivers, sidewalk vendors, labandera, manikurista (These are the self-employed individuals like tricycle drivers, sidewalk vendors, those doing laundry, and manicurists),” Bello stated.
“They have been displaced also so we have to provide them assistance by providing them temporary employment from 10 to 15 days and pay them the minimum wage in the region where they come from,” he added.
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