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P100B for poor, MSMEs – DU30

  • Written by EMontano
  • Published in Top Stories
  • Read: 250

PRESIDENT Rodrigo Duterte  has bared he is shelling  out P50 billion for the country’s poor and the
same amount for micro, small, and medium enterprises (MSMEs).

“Most of the money will go to the poor and to the [micro, small, and medium enterprises].
Siguro P50 billion each, okay na,” the President said during the ASEAN Business and Investment Summit
on Sunday evening.
    
The President noted that the poor or the “small” guys in the society contribute a lot to
improving the economy.
    
“We realized that the small guy down there contributes a lot to what is really happening
before our eyes and it’s improving our economy,” he said.