LEDAC OKs 20 bills; MIF to be signed before SONA

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“Apparently, we’re the only country left in the world who hasn’t passed bank secrecy. Before it was Lebanon and the Philippines, but Lebanon passed it last year. So we need to have one,” Budget Secretary Amenah Pangandaman said. READ MORE:

be passed by the end of the year, including the Bank Deposit Secrecy measure that will allow the Central Bank to open accounts for cases involving money laundering and terrorism.

President Ferdinand Marcos Jr. is flanked by House Speaker Martin Romualdez, Senate President Juan Miguel Zubiri, and several lawmakers after they finished discussing the priority bills covered by the Legislative Executive Development Advisory Council discussion in Malacanang on Wednesday.The MIF bill was received by the Office of the Deputy Executive Secretary for Legal Affairs on Tuesday.

LGU Income Classification; Waste-to-Energy Bill; New Philippine Passport Act; Magna Carta of Filipino Seafarers; National Employment Action Plan; and Amendments to the Anti-Agricultural Smuggling Act. The MIF Act, the Department of Health Specialty Centers Act, and New Agrarian Emancipation Act are still up for the President’s signature.

 

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