The lack of funds is what caused the discontinuation of the COVID-19 Adjustment Measures Program (CAMP), the Department of Labor and Employment (DOLE) Region XI bared.
The admission came about after its central office released a statement last week that it has stopped the financial assistance for private workers under CAMP last week.
From March 23 until April 15, DOLE XI was able to provide around P63 million worth of financial assistance to 12,589 workers from 783 private establishments.
On a national scope, P1.2 billion in financial assistance was disbursed to 236,412 workers from 10,663 private establishments.
CAMP is a program where affected employees from private establishments may be given assistance by the agency through financial support.
The agency assured that those applications that are approved, on-process, or pending have been recommended to the central office for additional funds however the final decision shall be on the central office.
Moreover, applicants who weren’t able to receive the financial assistance from the CAMP are listed and given to the Department of Finance for the transition to the Small Business Wage Subsidy (SBWS) Program of the agency.
The SBWS Program is a wage subsidy of between P5,000 to P8,000, depending on the minimum wage of the region, for affected employees of small businesses per month through the Social Security System (SSS).
Just like CAMP, the application for the SBWS Program shall be complied by the employer on behalf of their employees. The SSS will only be accepting applications from April 16 to April 30.
- Xendit launches cardless installment option in PH
- Security Bank and Krungsri approve capital infusion to SB Finance
- Editorial Cartoon of the Day
- ADD’L DOSES | Top official: City may also receive Novavax vaccines
- Online campaign pushes for takeover of Nordeco areas
- Suspect in shabu arrested
- ROUGH CUTS | What could be Duterte’s legacy?
- PARADIGM SHIFT | ASEANS’s cheap talk on democracy
- BDO posts P28.2-B net income in 2020
- pandaTODA riders share their success stories