Articles worth reading
Navotas City Hall

Tiangco creates task forces to uphold order in Navotas

account_balanceNavotas access_time5 days ago

The city government of Navotas established task forces and partnered with other agencies to uphold peace and order in the city. In his first 100 days as local chief executive, Mayor Toby Tiangco penned Executive Order TMT-006 creating Task Force Rad...

Taga-Alog 2019

Makati, Pateros to host Pasig River workshops

account_balanceMetro Manila access_time5 days ago

To raise public awareness on the state of Pasig River, the Makati City Government and the National Commission for Culture and the Arts (NCCA) will hold a series of workshops and other activities on October 16, 2019 at the University of Makati Main Th...

Malabon polio vaccination

250 Malabon kids get free anti-polio vaccines

account_balanceMalabon access_time5 days ago

More than 250 children below five years old received free anti-polio oral vaccines in Malabon City during the Sabayang Patak Kontra Polio in Barangay Longos on Monday. Residents can get their children vaccinated at Malabon’s health centers, ho...

Metro Manila News

Bangko Sentral ng Pilipinas / ABS-CBN

Solon welcomes BSP-PSA deal on national ID

account_balanceMetro Manila chat_bubble_outline0 Comments visibility

A lawmaker at the House of Representatives lauded the Bangko Sentral ng Pilipinas (BSP) for stepping in to shoulder the responsibility of producing 116 million blank cards under the Philippine Identification System (PhilSys).

Laguna Rep. Sol Aragones, the author of the PhilSys Act, said this development would weed out possible corruption and ensure that the identification (ID) cards are rolled out sooner.

On Monday, the BSP signed a memorandum of agreement with the Philippine Statistics Authority (PSA) for the production of 116 million blank cards worth PHP3.4 billion.

BSP Governor Benjamin Diokno said the government-to-government agreement is better than tapping the private sector to prevent issues that usually arise when losing bidders question the decision of the bids and account committee.

"Makakatulong ito para makaiwas sa corruption at mapabilis ang implementasyon ng batas (This would help in curbing corruption and speed up the implementation of the law). So this is great news so that we can implement the PhilSys law as soon as possible,” Aragones said.

Aragones said the ID cards are crucial in providing Filipinos with access to government and financial services, noting that the PhilSys simplifies the processes for services offered both by the government and private companies as only one ID would be required instead of the usual two.

The lawmaker cited the World Bank’s Identification for Development initiative reports showing that over 16.3 million Filipinos do not have proof of identity, which hinders them from availing of government and financial services.

“Napakaganda pong batas nito na makakatulong lalo na sa mga magsasaka’t mangingisda natin para makalapit sila sa pamahalaan at sa mga bangko para sa mga loan (This is a very good law that could be beneficial for farmers and fisherfolk who would seek the help of government and banks for loans)," Aragones said.

Diokno said the national ID will be beneficial to all Filipinos, especially the unbanked Filipinos who are hindered from being enrolled in the formal banking sector due to lack of the required identification cards which are two government-issued ID.

“With the ‘Philippine ID’, unbanked Filipinos will have a proof of identity which is a key requirement in accessing formal financial services. This will enable more of our underprivileged countrymen to enjoy gains from and participate more actively in the country’s growing economy,” he said.

The central bank chief said the BSP-PSA partnership for this ID system is a “trailblazing field for both institutions.”

The program has about PHP30 billion total cost but Diokno said the cost of production, for what he dubbed as the foundational ID, will be about PHP3.4 billion or around PHP30 per card.

date_rangeDate Published
1 week ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

MMDA Officers

MMDA traffic enforcers to receive insurance coverage

account_balanceMetro Manila chrome_reader_mode3 days ago

The Metro Manila Development Authority joined forces with insurance companies to provide free insurance coverage to traffic enforcers. The Philippine Insurers and Reinsurers Association, Inc. (PIRA), and the Philippine Insurers Club (PIC) signed a m...

Navotas City Hall

Tiangco creates task forces to uphold order in Navotas

account_balanceNavotas chrome_reader_mode5 days ago

The city government of Navotas established task forces and partnered with other agencies to uphold peace and order in the city. In his first 100 days as local chief executive, Mayor Toby Tiangco penned Executive Order TMT-006 creating Task Force Rad...

Dalian train

Sumitomo studying Dalian train deployment on MRT 3

account_balanceMetro Manila chrome_reader_mode5 days ago

Metro Rail Transit Line 3 maintenance and rehabilitation provider Sumitomo-MHI-TESP (Sumitomo) will study how to properly operate the Dalian trains through limited deployment on the line, according to the Department of Transportation (DOTr). In a me...

DENR mining

DENR warns illegal miners

account_balanceMetro Manila chrome_reader_mode6 days ago

Amid continued calls for greater responsibility from mining companies nationwide, the Department of Environment and Natural Resources (DENR) assures Filipinos that the agency is fully committed to fighting environmental abuse caused by illegal mining...

Pasay Voyagers / MPBL

Pasay Voyagers to tackle Marikina Shoemasters

account_balancePasay chrome_reader_mode6 days ago

The Pasay Voyagers resume their journey toward the Maharlika Pilipinas Basketball League Lakan Season playoffs on Monday (Oct. 14) when they tackle the Marikina Shoemasters at Imus Sports Complex. Back in orbit following a 92-89 victory over the Que...

Hogs

Govt increases subsidy to hog growers affected by ASF

account_balanceMetro Manila chrome_reader_mode6 days ago

President Rodrigo Duterte has approved the increase in financial assistance to backyard raisers whose hogs were culled due to the African swine fever (ASF) from P3,000 to P5,000 per head. Previous recipients will thus receive an additional P2,0...

Advertisement