GSIS, LandBank to help strengthen PCIC

By Anna Leah E. Gonzales

Dec 07, 2021 12:11 am

The Government Service Insurance System (GSIS) and Land Bank of the Philippines (LandBank) have been told to help Philippine Crop Insurance Corp. (PCIC) improve its finances.

In a statement on Monday, the Finance department said the directive was issued after the PCIC reported that 35 centavos was being spent for every peso paid out by the state-owned firm, which provides insurance to farmers.

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