President Ferdinand Marcos Jr. announced that qualified Social Security System (SSS) members can access an emergency loan with a 7 percent annual interest rate and a six-month moratorium starting this December.
The loan is intended to help members address urgent needs following the declaration of a State of National Calamity.
Marcos announced a video on his social media accounts and emphasized ongoing efforts to provide safer and fairer alternatives to emergency loans.
The state of calamity was declared in November due to widespread damage from Typhoon Tino and anticipated impacts from Typhoon Uwan.
This declaration allows government agencies to tap emergency funds and expedite essential services for affected regions.
Source: PhilNews24 | December 19, 2025
Latest from Politics
Senator Imee Marcos urged SSS, GSIS, PAG-IBIG, and PhilHealth to temporarily suspend collections to ease the
President Ferdinand Marcos Jr. said suspending the VAT and repealing the oil deregulation law remain possible,
Batangas 1st District Rep. Leandro Leviste warned that the Philippines could face a debt crisis worse
Manila will pay jeepney drivers around ₱3,000 daily so passengers on participating routes can ride for
The Makabayan bloc in the House of Representatives has filed bills seeking to repeal the Oil
