Pangasinan Governor Amado Espino III is set to sign a Memorandum of Agreement (MOA) with the Land Bank of the Philippines (LBP) to implement its Electronic Salary Loan (ESL) program.
The Provincial Board on November 18 authorized the Pangasinan politiko to sign the MOA.
The LBP earlier introduced ESL to the provincial government as an innovation on their salary loan program.
Board Member Angel Baniqued Jr said the ESL program will greatly benefit government workers.
Baniqued said the loan program will especially be beneficial especially during lean months.