Gov t to implement single-rate fee structure for PPSA registry bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
SunStar
CEBU. In this pre-pandemic photo, job seekers search for employment opportunities. (File)
+ February 23, 2021 A RECOMMENDATION to provide a 50-percent insurance subsidy for commercial hog raisers to encourage them to boost production is under study while a task force is set to be implement a strategy to address unemployment and stimulate the economy, Cabinet Secretary Karlo Nograles said on Tuesday, February 23, 2021.
These are among the measures lined up by the government to address economic woes caused by the coronavirus disease 2019 (Covid-19) pandemic.
Nograles said the insurance subsidy will be taken from the quick response fund of the Department of Agriculture (DA).
Cabinet Secretary Karlo Nograles (MANILA BULLETIN FILE PHOTO)
According to Cabinet Secretary Karlo Nograles, the new inter-agency task force will implement the 2021-2022 National Employment Recovery Strategy (NERS) to address access to jobs and livelihood programs, facilitate retraining of workers to cope with the present needs, among others. An executive order institutionalizing the NERS Task Force is already being drafted.
“Like the rest of the world, the country’s employment was hit hard by the pandemic. Unemployment peaked last April at 17.6 percent or 7.2 million,” Nograles said during a televised press briefing Tuesday, Feb. 23.
“While we were able to half that to 8.7 percent by October 2020, we recognize that a coherent national strategy can help create a policy environment that encourages generation of more employment and entrepreneurship opportunities; improve employability and productivity of workers; and provide support to existing and emerging businesses,” h
BSP unveils reforms to boost lending to MSMEs inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.