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Poe: Use nat l ID system to roll out cash aid, boost financial inclusion

Sen. Grace Poe (FACEBOOK / MANILA BULLETIN) “Mababawasan ang pila sa mga tanggapan kung magkakaroon ng ‘Pasa Loan’ o ‘Pasa Ayuda’ gamit ang national ID (There would be less lines in government offices if there would be an automated distribution of loans or cash aid),” Poe said in a statement. The PhilSys, she said, could be connected to a mobile payment platform where individuals can pay bills, access government services, and receive emergency subsidies. She mentioned for instance the IDs of students in the University of the Philippines, which also double as a cash card that could be used to receive stipends and pay for meals and school fees.

National ID to accelerate social protection programs, financial inclusion, national vaccination – NEDA

MANILA, Apr. 14 The Philippine Identification System (PhilSys) or the national ID program is instrumental for the country’s human capital development amid the COVID-19 pandemic, said the National Economic and Development Authority (NEDA). “The Philippine government is looking forward to implementing three use cases for PhilSys in the immediate term: first, ensuring efficient and effective distribution of emergency subsidies; second, strengthening financial inclusion; third, facilitating efficient vaccine distribution for the general population,” Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said during the Human Capital Ministerial Conclave organized by the World Bank on April 5, 2021. Speaking among fellow finance and planning ministers of countries participating in the global Human Capital Project, the NEDA chief highlighted that the Philippines has a history of turning crisis into opportunity to do long-standing reforms.

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