RECORD-HIGH. Pag-IBIG Fund Board of Trustees chairperson and housing czar, Secretary Eduardo del Rosario, reports the accomplishments of the agency for 2021 on Thursday (Feb. 24, 2022). The Home Development Mutual Fund (Pag-IBIG Fund) logged a record-high PHP34.73 billion net income despite the Covid-19 pandemic in 2021. (Screengrab via Zoom) MANILA - The Home Development Mutual Fund (Pag-IBIG Fund) logged PHP34.73 billion net income despite the prevailing coronavirus disease (Covid-19) pandemic last year. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo del Rosario, who also heads the 10-member Pag-IBIG Fund Board of Trustees, said the 2021 net income is the highest ever recorded by the Fund for the past five years. "As we close our books for 2021, I am happy to report that your Pag-IBIG Fund achieved another milestone. Our strong performance last year led us to reach a net income of PHP34.73 billion," Del Rosario said as he virtually reported
Pag-IBIG savings program hits record P25 9 billion philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
MANILA -Pag-IBIG Fund has posted a record-high PHP25.95 billion savings collection under its modified savings program (MP2) in 2021 even under the pandemic. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo del Rosario, who also chairs the 11-member Pag-IBIG Fund Board of Trustees, noted that uncertainties such as the pandemic would not hinder Filipinos from securing their hard-earned money. The Pag-IBIG Fund's MP2 savings collection in 2021 hit a staggering growth of up to 95 percent from its previous PHP13.23 billion collection in 2020. "Even amid some uncertainties caused by the pandemic, the MP2 proved to be one of our most sought-after programs," del Rosario said in a news release on Friday. The housing czar also emphasized that MP2 has traditionally provided higher returns on savings, thus, more and more members are preferring to grow their hard-earned savings with Pag-IBIG Fund. Del Rosario said the Fund will be announcing its dividend
The National Housing Authority (NHA) assured on Tuesday that the completion of housing projects for those affected by the onslaught of Supertyphoon “Yolanda’” (international code name Haiyan) in November 2013 is on track. In a news conference on Tuesday, NHA Assistant General Manager Victor Balba told reporters that the Yolanda…
National Housing Authorityresettlement site for informal settlers, Palayan City, Nueva Ecija(Photo courtesy of DHSUD) MANILA - A transition committee will assure continuity of the 20-year housing and urban development strategic plan and roadmap and will work with the next administration. The multi-agency National Human Settlements Board approved the 20-year roadmap last year, officially called the National Housing and Urban Development Sector Plan (NHUDSP). The 20-year plan envisions better, greener and smarter human settlements and urban systems with banner projects aiming to create spaces, transform spaces into communities, make communities accessible and affordable, and empowering communities. It also focuses on the critical groups who are in immediate need of housing, such as informal settler families. "We already have created a transition committee once the new administration will designate new housing officials. Actually, we are now ready to transition. We can pass over all