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Camarines Sur Rep. LRay Villafuerte welcomed the signing into law by President Duterte of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act as this measure will help keep businesses afloat, most especially the micro, small and medium enterprises (MSMEs), and allow them to retain their workers or even hire new ones while the country […]
Camarines Sur Rep. LRay Villafuerte believes that members of the House of Representatives have all the more reason to initiate or take part in the public information drives in their respective localities on the Covid-19 vaccination program, following the latest tracking polls showing that a majority of Filipinos are not willing to get their shots […]
Camarines Sur Rep. LRay Villafuerte is making a stronger push for a third round of cash subsidies to poor and low-income households amid record job losses and faster food price hikes that threaten to shove many highly vulnerable families back to poverty in the face of the long-drawn-out Covid-19 pandemic and its consequent recession. Villafuerte […]
Camarines Sur Rep. LRay Villafuerte has called on the Senate to fast-track its approval of a year-old House-approved measure that aims to enable banks to expand its assistance to agriculture by amending certain provisions of the Agri-Agra Law, following reports that these lending institutions have again fallen short of their loan compliance to the sector […]
Funds for the proposed Bangon Pamilyang Pilipino (BPP) Assistance Program that aims to provide low-income and vulnerable households at least P10,000 in cash assistance are available under unutilized appropriations and unobligated funds in the national budget, according to Camarines Sur Rep. LRay Villafuerte. Villafuerte said a third cash subsidy for families hardest hit by the global economic […]
The House Committee on Labor and Employment chaired by 1-PACMAN Partylist Representative Eric Pineda consolidated and approved House Bills 1863, 1892, 4333 and 8349, which seek to create a job training program for mature or older workers. “We always talk about supporting programs for the youth and women, so I think it’s about time that […]
Camarines Sur Representative LRay Villafuerte has welcomed the congressional ratification of the consolidated bill on the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which, he said, would help accelerate the recovery of the Philippine economy from the ravages of the Covid-19 pandemic. A co-author of this long-due economic reform measure, Villafuerte pointed out […]
Camarines Sur Representative LRay Villafuerte has supported the call by economic managers for Congress to focus on “doable” legislation to attract foreign direct investments (FDIs) and accelerate economic recovery, as he fretted that the revival of the Charter Change (Cha-Cha) initiative at this time would only sidetrack national efforts to overcome the coronavirus pandemic and save […]
Amid the increasing likelihood of a slow recovery for the Philippines, Camarines Sur Rep. LRay Villafuerte has appealed to the Senate to help boost economic-stimulus spending by passing a House-approved measure anchored on much higher infrastructure investments to invigorate the economy and accelerate its bounce back from the coronavirus-driven global recession. Villafuerte, a member of […]
Camarines Sur Representative LRay Villafuerte said Thursday that President Duterte’s signing of laws extending the validity of unspent funds under both the 2020 General Appropriations Act (GAA) and the Bayanihan to Recover as One Act (Bayanihan 2) will let the government further accelerate public spending and fast-track the recovery of the domestic economy from the pandemic-induced […]