Poe lauds private entities for imposing ‘moratorium’ on bills, loan payments
Senator Grace Poe on Monday lauded the “first wave” of corporations who immediately heeded the call for payment extensions during the community quarantine.
The government recently implemented a community quarantine – from March 15 to April 14 – to contain the spread of the coronavirus disease 2019 (COVID-19) epidemic.
Poe, chairperson of the Senate Committee on Public Services, commended some private sector entities for “being among the first to adjust to the needs of their consumers and guarantee continued service.”
“The assurance of Globe, Smart PLDT, Skycable, and GSIS of their continued service despite the moratorium shows their commitment to public service,” Poe said.
Poe likewise urged other corporations and financial institutions to follow suit, “It is my hope that others will implement a modified payment scheme during this period.”
Recognizing the public health crisis brought about by COVID-19, Poe previously appealed to corporations, banks, and private and government financial institutions to implement a moratorium on the imposition of penalties or similar charges on delayed payment of bills, utilities, and other obligations.