Landbank
MAAARING hindi umano kumita ang mga bangko sa panukalang negative interest loan pero maiiwasan naman umano na masibak ang mga empleyado ng kompanya na mangungutang.
Umaasa si House committee on ways and means chairman at Albay Rep. Joey Salceda na makapaglalaan ng P350 bilyon ang LandBank of the Philippines (LBP) at Development Bank of the Philippines (DBP) sa panukala niyang ito.
“Essentially, it will be an off-balance-sheet loan Congress will authorize LBP and DBP to administer. That means that they will not affect the overall financial position of the GFIs,” ani Salceda. “Our negative interest loan proposal is an incentive to retain employees and sustain the size of a firm’s operation. The negative interest benefit serves essentially as the government’s co-pay for whatever investment the firm will make.”
Ang maaari umanong umutang ang isang kompanya ng hanggang 50 porsyento ng direct labor cost nito.
“The loan shall be payable for three to five years, with the corresponding interest rates as follows: -9% for 3-year loans; -7% for 4-year loans, and -3% for 5-year loans.”
Negatibo ang interest na ipapataw sa utang kung wala itong inalis na empleyado. Papatawan naman ng interes ang utang kung mayroong aalisin itong empleyado.
“Companies that terminate less than 1% of employees during the loan term will see a 3-percentage point (pp) deduction in the negative interest benefit, 6 pp deduction for 1-5% of employees terminated, 9 pp deduction for 5-10% of employees terminated, and 12 pp deduction for terminating more than 10% during the loan term.”
Iginiit ni Salceda ang kahalagahan na mapanatili sa kanilang mga trabaho ang mga empleyado upang agad na makabangon ang ekonomiya.
“We believe that a negative interest rate loan is a fiscally viable economic stimulus program primarily because while it fulfills a liquidity-expanding function, most of its upfront costs are recoverable, and the only real net fiscal cost to government will be loan administration costs and the negative-interest benefit,” dagdag pa ni Salceda.