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SSS raises loanable amount for pensioners

MANILA, Philippines — More than 1.5 million pensioners of the Social Security System (SSS) may now borrow up to P200,000 from the state pension fund under its Enhanced Pension Loan Program (PLP), a top official said yesterday. In a statement, SSS president and chief executive officer Aurora Ignacio said they launched the enhanced PLP pursuant to Social Security Commission (SSC) Resolution...

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Government releases 91% of 2019 national budget

MANILA, Philippines — The national government has released 91.4 percent of the P3.662- trillion national budget as of end-August to support the programs and projects of line agencies, the Department of Budget and Management (DBM) said yesterday. According to the latest data from the DBM, allotment releases from January to August have already reached P3.345 trillion, equivalent to 91.4 per...

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