Manila, May 17 -- onth wage subsidy package has been credited to the accounts of more than 2.1 million qualified beneficiary-workers of the Small Business Wage Subsidy (SBWS) program, jointly implemented by the Department of Finance (DOF), Bureau of Internal Revenue (BIR), and the Social Security System (SSS).
The SBWS was designed to support qualified workers who were not able to receive their salaries for at least two weeks due to the enhanced community quarantine (ECQ) and other containment measures imposed by the national and local governments since middle of March to prevent the spread of the coronavirus disease 2019 (Covid-19).
A total of about PHP16.4 billion worth of subsidies were credited to the accounts of SBWS beneficiaries as...