Support Measures

Bayanihan to Recover as One Act Signed into Law

On 11 September 2020, President Rodrigo R. Duterte signed into law Republic Act No. 11494, entitled “An Act Providing for COVID-19 Response and Recovery Interventions and Providing Mechanisms to Accelerate the Recovery and Bolster the Resiliency of the Philippine Economy, Providing Funds Therefor, and for other Purposes” (“Bayanihan Act 2”).  The Bayanihan Act 2 took effect on 15 September 2020 and will be enforced until 19 December 2020.  The law aims to further mitigate the economic losses and enhance the financial stability of the country amidst the COVID-19 pandemic.