News DOLE set aside P19-B budget to help 500,000 OFWs,...

DOLE set aside P19-B budget to help 500,000 OFWs, 2 million local workers


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Some two million workers in the Philippines and 500,000 overseas Filipino workers will benefit from the P19 billion budget of the Department of Labor and Employment (DOLE) for 2021. 

DOLE Secretary Silvestre Bello III revealed that the original budget was only at P16 billion, however, they received an additional P3 billion from the Department of Tourism for the workers affected in the tourism sector. 

“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,” the labor secretary said. 

Each qualified formal worker will receive P5,000 each. Meanwhile, OFWs are entitled to receive P10,000 financial assistance. 

Those who are working in the informal sector may also receive the financial assistance. 

“Yung mga self emplooyed kagaya ng mga tricycle drivers, sidewalk vendors, labandera, manikurista,” he said.

“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 further added. 

Bello, however, did not mention the implementation date for the distribution of the financial assistance.

The Global Filipino Magazine is the only Filipino magazine in the UAE that prints on a monthly basis. Its goal is to champion the success of every global Filipino across the globe.

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