BARMM-MSSD at DAP, lumagda ng kasunduan para mapabilis ang disbursement ng financial assistance sa rehiyon

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BARMM-MSSD at DAP, lumagda ng kasunduan para mapabilis ang disbursement ng financial assistance sa rehiyon
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Transcript

00:00A Bar-Ministry of Social Services in Development and Development Bank of the Philippines reached an agreement

00:07to quickly distribute financial assistance to beneficiaries,

00:12particularly in geographically isolated and disadvantaged areas or GIDA.

00:18This is what Rod Laguzan reported.

00:22Fast assistance for beneficiaries while allowances for social workers.

00:28This is what the Bangsamoro Region in Muslim Mindanao agreed to in its push

00:32for digitalization in the distribution of various financial assistance

00:36for beneficiaries of social services programs

00:39such as Unlad Pamilya Bangsamoro and Lingkod Pamayanan programs.

00:43This includes the payment of fees to parasocial and daycare workers.

00:47This is through the addition of the Bar-Ministry of Social Services and Development

00:51Memorandum of Agreement

00:53together with the Development Bank of the Philippines

00:55to speed up the disbursement through PESON and electronic fund transfer.

01:00The first phase of the program has already started.

01:03This is where the allowances for social workers will be distributed.

01:06As explained by the DBP, this can be done more easily

01:09especially for the so-called BARM workers

01:11who have existing bank accounts

01:13which can be easily transferred using the system of the DBP.

01:16In addition, the payment of cash for the so-called allowance has already been exchanged.

01:20After this, the second phase of the program

01:22is for the beneficiaries of their social services program

01:25especially for those who live in geographically isolated and disadvantaged areas or JIDA.

01:31This is a new campaign for the expansion of financial inclusion.

01:35We're exploring a manner by which beneficiaries can have their own card,

01:41a customized card to be issued to them individually

01:46where cash assistance can be transferred and they can withdraw that.

01:52She also provided the social preparation needed for the BARM workers

01:56such as having documents and being accepted in this process

02:01together with the agreement that the transaction fees will be deducted

02:04for the use of the fund transfer for this purpose.

02:06With respect to the transaction fees between BARM and the DBP,

02:10we've agreed to keep it minimal.

02:13It's a fixed peso net fee.

02:15It's a fixed electronic fund transfer fee.

02:17So that's the only transaction fee and administrative cost

02:21that BARM will shoulder from out of their operating expenses.

02:26This is more effective and cheaper compared to other e-wallets.

02:31Rod Laguzad for Pambansang TV in Bagong, Philippines.

BARMM-MSSD at DAP, lumagda ng kasunduan para mapabilis ang disbursement ng financial assistance sa rehiyon

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