00:00President Ferdinand R. Marcos Jr. signed into law the Ligdaspinoy Centers Act and the Student Loan
00:06Payment Moratorium during Disasters Emergencies Act. The chief executive said the Ligdaspinoy
00:12Center Act mandates the establishment of fully equipped evacuation centers nationwide
00:18to provide secure temporary accommodation to disaster-affected residents. Meanwhile,
00:23the Student Loan Payment Moratorium during Disasters and Emergencies Act aims to provide
00:29financial relief to students and their families during and after calamities by
00:34suspending student loan collections without penalty and interest.
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