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Lacson cites DBM data showing underspending of Bayanihan 2 funds

Lacson cites DBM data showing underspending of Bayanihan 2 funds
gmanetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gmanetwork.com Daily Mail and Mail on Sunday newspapers.

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Duterte OKs aid in kind for 22.9M beneficiaries in NCR Plus

Duterte OKs aid in kind for 22.9M beneficiaries in NCR Plus
gmanetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gmanetwork.com Daily Mail and Mail on Sunday newspapers.

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PH gets additional $500-M World Bank loan for pandemic response

March 12, 2021
THE World Bank has approved an additional US$500 million loan to support the Philippine government’s program to purchase and distribute Covid-19 vaccines, strengthen the country’s health systems, and overcome the impact of the pandemic especially on the poor and the most vulnerable.
In a statement, the WB said its Board of Executive Directors approved the additional funding on March 11, 2021 (Washington time).
“Procuring and administering vaccines provides the country an added layer of defense against Covid-19 on top of public health measures or interventions like social distancing, wearing of masks, and washing hands,” said Ndiamé Diop, World Bank country director for Brunei, Malaysia, Philippines and Thailand. ....

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PH gets additional $500-M World Bank loan for pandemic response

PH gets additional $500-M World Bank loan for pandemic response
sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.

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LandBank releases P5.28-B in COVID-related loans for MSMEs

By JON VIKTOR D. CABUENAS, GMA News
Published February 28, 2021 4:31pm
State-run lender Land Bank of the Philippines released P5.28 billion in approved loans under its Interim Rehabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19 (I-RESCUE), nine months into the program.
LandBank said the amount was released to 208 borrowers: 167 micro, small, and medium enterprises (MSMEs), 34 cooperatives, and four microfinance institutions (MFIs), and three large corporations as of end-January 2021.
This was part of the P6.95-billion worth of loans approved for 227 borrowers, which in turn was part of the P10-billion initial internal fund of I-RESCUE launched in April 2020 as mandated by the Bayanihan to Recover as One Act. ....

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