MALAKI umano ang maitutulong ng mga bangko na pagmamay-ari ng gobyerno upang agad na makabangon ang mga maliliit na negosyo na kailangan ng ekonomiya ng bansa.
Ayon kay House committee on ways and means chairman at Albay Rep. Joey Salceda mahalaga ang papel ng Land Bank of the Philippines at Development Bank of the Philippines sa panukala niyang Credit Refinancing and Mediation Service (CRMS).
“The CRMS will allow firms to renegotiate or refinance their loans. It allows them to capitalize their survival, transition, and growth on terms that are easier than the loans they previous contracted. Nobody could have predicted the scale of this pandemic’s impact on business, so we’re allowing them to reengineer their position, essentially,” ani Salceda.
“LBP and DBP are both relatively well-run government institutions, and both have been engaged, in recent years, in missionary expansion, so the reach and the relationship with small and medium enterprises will be critical in delivering our stimulus loans.”
Sinabi ni Salceda na mahalaga na mapangalagaan ang mga maliliit na negosyo upang hindi magsara ang mga ito.
“The economic costs of a permanent shrinking of the private sector, via closures and bankruptcies, is essentially forever foregone growth. So we need to preserve companies that would have otherwise been profitable, but which will go bankrupt because of this pandemic.”
Pabor din ang solon sa panukala na gamitin ang National Development Company nilang bailout agency ng gobyerno.
“I proposed a superbody similar to what was promoted by Nobel laureate Joseph Stiglitz. It’s a company designed to rescue firms that fail due to an unforeseen economic crisis, through convertible loans, debts-to-equity swaps, or outright government purchase. The objective is really to preserve jobs.”