NEDA: Bayanihan 2 to help economy as it makes ‘U-turn’

The National Economic and Development Authority (NEDA) is upbeat that the proposed Bayanihan to Recover as One Act (Bayanihan 2) would aid in the country’s recovery from the coronavirus pandemic, which it sees taking a “U-turn.”

In a statement on Tuesday, Acting Socioeconomic Planning Secretary Karl Kendrick Chua told an August 21 webinar that the measure “will help the country bounce back from the crisis with its improved provisions on the healthcare system, public transport, and restoring consumer demand.”