COTABATO CITY โ To expedite the delivery of financial assistance to the severely affected victims of Severe Tropical Storm (STS) Paeng, the Ministry of Social Services and Development (MSSD) and Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) signed a memorandum of agreement (MOA) for the implementation of the Emergency Shelter Assistance Program on Wednesday, December 21, 2022 at the conference of MSSD Regional Office building, Bangsamoro Government Center, Cotabato City.
In the signing of MOA, MSSD was represented by its minister, Atty Raissa Jajurie while AAIIBP was represented by its chief operating officer, Atty. Imelda Tarhata Macarambon.
The said agreement is part of MSSDโs Financial Assistance System Transformation (FAST) which prescribes guidelines on its adoption of a digital payment system that will fast-track the provision of assistance to the indigent beneficiaries of the ministry.
These guidelines were developed after the knowledge-sharing session and intensive follow-through discussions facilitated by FASTโs technical working group under the Finance Management Support Service Division of MSSD with national offices such as the Bangko Sentral ng Pilipinas-Financial Inclusion Office (BSP-FIO), Bangko Sentral ng Pilipinas-Payment System Oversight Department (BSP-PSOD), Bureau of the Treasury (BTr), the Department of Budget and Management (DBM), and the Commission on Audit (COA).
โMSSDโs Disaster Response and Management Division (DRMD) will take charge of the implementation of the Emergency Shelter Assistance Program while the ministryโs Finance Management Support Service Division will implement FASTโ, MSSD Finance Division Chief Hamodi Lao Tiboron said.
โMoving forward, there will be a possible partnership coverage expansion should the current one will succeed,โ Tiboron added.
Present also during the MOA signing were key official officials from both parties such as Hasim Guiamil, MSSDโs Chief of DRMD, Atty. Jomaila Rangiris, AAIIBPโs Head of the Operations Sector, and Bai Sittie Kusain, AAIIBPโs Cotabato Branch Manager.
๐๐๐ผ๐น๐น๐ผ๐ ๐ ๐ฆ๐ฆ๐ ๐ณ๐ผ๐ฟ ๐บ๐ผ๐ฟ๐ฒ ๐๐ฝ๐ฑ๐ฎ๐๐ฒ๐!
FB: @MSSDBangsamoro
IG: @mssdbangsamoro
Twitter: @MSSDBangsamoro
#MSSD #BARMM
#UpliftingBangsamorolives
#MSSDAtYourService
