Philippine News Agency
GSIS earmarks emergency loan fund for Oriental Mindoro
The Government Service Insurance System (GSIS) has allocated P315 million for an emergency loan program for its members and pensioners affected by the oil spill in Oriental Mindoro.
GSIS president and general manager Wick Veloso stated that the oil spill has impacted over half of Oriental Mindoro, affecting nearly 13,000 GSIS members and pensioners.
Nine municipalities in Oriental Mindoro have been declared under a state of calamity due to the oil spill.
Affected active members and pensioners can avail of the emergency loan upon GSIS receiving the necessary documents from the provincial government, particularly from the municipalities of Bansud, Bongabong, Bulalacao, Gloria, Mansalay, Naujan, Pinamalayan, Pola and Roxas.
Veloso assured that GSIS is ready to extend the loan program to other affected areas should the oil spill spread further and those areas are declared under a state of calamity.
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President Ferdinand "Bongbong" Marcos Jr. assured that the Philippine government is prepared to provide aid to families and individuals affected by the oil spill in Oriental Mindoro.
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The Department of Social Welfare and Development (DSWD) has started distributing aid to families affected by the oil spill from the sunken motor tanker MT Princess Empress in Oriental Mindoro.
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The Department of Social Welfare and Development (DSWD) will launch a cash-for-work program on March 15 for approximately 14,000 individuals affected by the oil spill off Naujan, Oriental Mindoro.
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