A party-list lawmaker on Thursday assured European business groups in the Philippines that the House of Representatives is exerting all efforts to build a “resilient economy” through long-term economic and industry reforms.
Deputy Speaker and AAMBIS-OWA Rep. Sharon Garin said other measures aimed at addressing the adverse economic impact of two-month enhanced community quarantine have made “significant progress” in the Lower Chamber. Garin is the co-chair of the Subcommittee on Economic Stimulus Response Package and one of the principal authors of ARISE Philippines Act or House Bill 6518, Among these bills are the COVID-19 Unemployment Reduction Economic Stimulus Act (CURES), Bayanihan to Recover as One (Bayanihan 2), and Financial Institutions and Strategic Transfer Law.
“This is the next step that we want to show to people that we are working on. What we’re trying to do is formulate policies that would make the Philippines a more resilient economy. We want a country that can sustain any pandemic, any disaster that can happen in the future. If there’s another pandemic, our health institutions will be able to cope. If there’s any disaster in the future, food will arrive at the tables of the families. If there’s any financial crisis, our labor market is protected,” Garin said during an inter-chamber webinar Thursday.