7 senators seek audit of govt Covid response under Bayanihan law

Credit to Author: Bernadette Tamayo| Date: Wed, 29 Jul 2020 05:42:12 +0000

SEVEN senators have sought a special audit on all government spending related to the response to coronavirus disease 2019 (Covid-19) pandemic under the Bayanihan to Heal as One Act. Sen. Ana Theresia “Risa” Hontiveros filed on July 28 Senate Resolution Resolution (SR) 479 urging the Commission on Audit (CoA) to immediately conduct a review on government spending […]

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Pag-IBIG Fund borrowers get grace period

Credit to Author: The Manila Times| Date: Wed, 29 Apr 2020 16:19:09 +0000

The Home Development Mutual Fund (Pag-IBIG Fund) has granted a grace period on the loan payments of its borrowers during the enhanced community quarantine (ECQ) in compliance with Republic Act 11469, or the “Bayanihan to Heal As One Act.” In a statement on Tuesday, Human Settlements Secretary and Pag-IBIG Fund Board of Trustees Chairman Eduardo […]

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DoF: Bayanihan law orders loan-payment extension

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 01 Apr 2020 17:25:27 +0000

Lenders must give their borrowers a one-month extension to pay their obligations without additional charges under Republic Act 11469, or the “Bayanihan to Heal as One Act,” the Department of Finance (DoF) said on Wednesday. “All covered institutions shall implement a 30-day grace period for all loans with principal and/or interest falling due within the […]

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