Salceda cited that the accumulation of debts like this is dangerous for the country’s economy and for consumers.
Rep. Joey Salceda has called on BPI to compensate its users affected by glitch and noted that the BSP investigation should not slow it down.
Salcedo gave a possible economic solution which can be a mix of policy and program intervention. He suggested that the government needs to encourage the “Big 4” in service Dollar earners.
The economist-legislator also noted that the goods and services sold digitally “should not need any further legislation to be covered.”
He added that there are about a million virtual employees in the country.
What is included in the new House Bill No. 7425 that seeks to tax the online services Filipinos use?
The government is urged to digitally transform and to create a “school for the future” to create a society that is future-oriented and to give rise to a “smart” public sector.