An Act Mandating All Executive Departments, Bureaus, Offices, Agencies, and Instrumentalities, Including Government-Owned or Controlled Corporations (GOCCs) and Government Financial Institutions (GFIs), to Implement Streamlining Activities in Order to Raise at Least 5% in Budgetary Savings to Bolster Response Efforts Against COVID-19

This bill proposes a 5% mandatory savings on all government departments, bureaus, offices, agencies, and instrumentalities, including government owned and controlled corporations and government financial institutions, as well as state universities and colleges in order to generate a projected amount of Php250 billion to fund assistance to our countrymen who are in dire need to recover from the adverse effects of the pandemic.