The media’s continued fixation on the Royal Household has highlighted deeply flawed points within the UK’s outdated dysfunctional governance system. We dwell in a state the place we the individuals are not even residents of our personal nation. We’re fairly easy topics, due to this fact spectators and passive spectators …
Read More »SSS unemployment profit claims enhance 10 occasions
Czeriza Valencia (The Philippine Star) – March 13, 2021 – 00h00 MANILA, Philippines – Unemployment claims from the state-run Social Safety System (SSS) elevated practically 10 occasions final yr after the unemployment charge hit an all-time excessive amid the pandemic, a stated yesterday the Ministry of Finance (DOF). Citing the …
Read More »SSS launched P31.69 catastrophe loans, P1.71-B unemployment advantages in 2020 – DOF
The Social Safety System (SSS) launched final 12 months 31.69 billion pesos in calamity loans and 1.71 billion in unemployment advantages to assist authorities efforts to mitigate the financial affect of the COVID pandemic -19 on wage earners, the Division of Finance (DOF) stated on Friday. Citing the state pension …
Read More »Over-reliance on market borrowing can result in a vicious cycle of deficit and debt
The Union funds for 2021-22 was offered in opposition to the backdrop of an entire collapse in income realization, particularly tax income and divestment proceeds, coupled with larger income spending because of a bigger contribution of meals subsidies for 2020-2021. As well as, there was an unprecedented contraction in financial …
Read More »Congress allocates billions of {dollars} to libraries as a part of COVID reduction program
Congress handed the most recent COVID reduction bundle on Wednesday, American Rescue Plan Act (ARPA) of 2021. President Biden is anticipated to signal the invoice within the coming days. Along with the much-talked-about $ 1,400 stimulus checks, the $ 1.9 trillion laws contains a wide range of funds to help …
Read More »Solon pushes Senate on Agri-Agra invoice
A invoice that enables banks to increase support to the agricultural sector and make them adjust to the Agri-Agra legislation continues to be pending within the Senate greater than a yr after the Home of Representatives handed the measure, has declared the primary creator of the invoice. Camarines Sur consultant …
Read More »BSP defines different modes of compliance for agricultural-agrarian loans
Lawrence Agcaoili (The Philippine Star) – March 8, 2021 – 12:00 am MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has relaxed compliance guidelines for agriculture and land reform loans as Philippine banks proceed to fall beneath the prescribed threshold. BSP Governor Benjamin Diokno issued Round 1111 after the …
Read More »BSP expands record of agri-agra debtors – Manila Bulletin
The Bangko Sentral ng Pilipinas (BSP) has included the households and group of Agrarian Reform Beneficiaries (ARB) as certified debtors for agriculture, fisheries and land reform credit score in a brand new round. BSP Round No. 1111 (Amendments to Guidelines and Laws on Obligatory Allocation of Credit score for Agriculture …
Read More »BSP Expands Kinds of Loans Thought of Agri-Agra Compliant
THE BANGKO SENTRAL ng Pilipinas (BSP) additional expanded the kind of loans counted as compliance with the obligatory credit score allowance for agriculture and land reform actions. “That is an interim measure pending the modification of the Regulation of the Republic (RA) 10,000 (Agri-Agra Reform Credit score Regulation of 2009) …
Read More »LandBank Now Permits College students To Borrow 50,000 Pesos To Purchase On-line Studying Devices
The Land Financial institution of the Philippines has expanded its direct scholar mortgage program to lend as much as 50,000 pesos for the acquisition of digital devices akin to laptops, desktops or tablets wanted for studying in line. The Expanded Program could be included within the most loanable quantity of …
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