Duterte granted $5bn and power over companies to fight coronavirus

Lawmakers give Philippine president extraordinary authority to aid economy

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Philippine President Rodrigo Duterte has come under fire for his slow response to the deadly pandemic. © Reuters

CLIFF VENZON, Nikkei staff writer

MANILA -- Philippine lawmakers granted President Rodrigo Duterte a raft of extraordinary powers on Monday to mitigate the economic fallout from the new coronavirus.

Duterte will be able to access 275 billion pesos ($5.36 billion) from various government agencies. He can also intervene in private business operations and circumvent procurement rules, among other measures, to fight COVID-19.

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