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Gatchalian bats for a bank account for each Filipino to ensure prompt, graft-free distribution of cash aid

Published April 18, 2021, 2:33 PM Senator Sherwin Gatchalian on Sunday proposed the idea of having every Filipino own only one bank account to ensure the efficient and prompt distribution of government financial assistance programs. Gatchalian said that, with the approval of the Philippine Identification System Act or Republic Act 11055 that created a national ID system, the idea of having a single bank account for each Filipino would be warranted.  The senator said he was mulling filing a bill called “One Filipino, One Bank Account” for this purpose. Under this proposal, Gatchalian said the government would be mandated to provide all Filipinos living in the country with one bank account each. 

Rice tariffication law starting to pay off? DA says yes

(MANILA BULLETIN FILE PHOTO) In year number two of Republic Act (RA) 11203 or the RTL, the DA said that the country’s rice sector is “gradually realizing its potentials”, as it noted that palay (unhusked rice) production and farmgate prices have increased this dry season. This has resulted in more affordable rice for consumers amid the coronavirus disease (COVID-19) pandemic, the agency said. “To top it all, with sustained initiatives and strong cooperation of various rice industry stakeholders, we look forward to achieving an all-time record of at least 20.4 million MT (metric tons) of palay this year,” DA Sec. William Dar said in a statement.

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