DBM TO PAY DEPED-ARMM INSURANCE PREMIUMS

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THE Department of Budget and Management (DBM) will pay the P991.4 million insurance premiums of the Department of Education (DepEd) personnel in the Autonomous Region in Muslim Mindanao. In a supplemental deal inked on Wednesday, DBM agreed to pay P891.4 million to the Government Service and Insurance System (GSIS) within 30 days of the signing. DBM will also release P100 million—without interest —within one year of the deal.

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