Government Financial Institutions
CHARTER OF THE PHILIPPINE NATIONAL OIL COMPANY
This bill aims to amend the charter of the Philippine National Oil Company (PNOC) to establish a national energy policy and framework for government-initiated petroleum exploration and development.
GFIS UNIFIED INITIATIVES TO DISTRESSED ENTERPRISES FOR ECONOMIC RECOVERY (GUIDE) ACT
The GFIS Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE) Act aims to provide financial support to micro, small, and medium enterprises (MSMEs) and strategically important companies affected by the COVID-19 pandemic. It seeks to enhance the loan programs of government financial institutions like the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LandBank).
THE NEW DEVELOPMENT BANK OF THE PHILIPPINES (DBP) ACT
The bill aims to provide a new charter for the Development Bank of the Philippines (DBP), increasing its authorized capital stock to ₱300 billion and allowing for an Initial Public Offering (IPO) to enhance its financial capabilities and support economic growth.