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NEDA calls for swift passage of bill providing financial aid to distressed enterprises

National Economic and Development Authority
(FACEBOOK / MANILA BULLETIN)
NEDA Assistant Secretary Carlo Abad Santos urged the Senate Committee on Banks, Financial Institutions and Currencies, to fast-track Senate Bill No. 1646 or the proposed Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery or GUIDE bill, which is among the 12 priority measures of the Legislative-Executive Development Advisory Council (LEDAC) for approval before the end of 2021.
“We hope for its swift passage before June this year. Along with other members of the economic team, we are here to express our full support for GUIDE and to request the Senate to facilitate its speedy approval,” Santos said during the virtual hearing led by Sen. Sherwin Gatchalian. ....

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NEDA seeks passage of GUIDE bill before June

NEDA seeks passage of GUIDE bill before June
By ERWIN COLCOL, GMA News
Published March 11, 2021 10:26am
The National Economic Development Authority (NEDA) on Thursday called for the passage of the measure seeking to provide financial aid to distressed enterprises affected by the COVID-19 pandemic before June this year.
NEDA Assistant Secretary Carlo Abad Santos made the appeal as the Senate banks committee tackled the proposed Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE) bill.
According to Abad Santos, the GUIDE bill is among the 12 priority measures of the Legislative-Executive Development Advisory Council for approval by the end of this year. ....

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