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Exam Number : C_TBW60_74
Exam Name : SAP Certified Application Associate - Modeling and Data Management with SAP
Vendor Name : SAP
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SAP SAP answers

Senate wants solutions after pandemic support numbers ‘didn’t tally’ | C_TBW60_74 Study Guide and PDF Download

The branch of Social Welfare and building (DSWD) needs to clarify how much the agency bought in funding for its pandemic money support program, and how a lot of it in fact went to indigent Filipinos, the chair of the Senate economic affairs panel spoke of on Wednesday.

“Too many individuals are asserting they did not receive anything, while others received double. What’s the real rating?” Sen. Imee Marcos said in an announcement.

“we're asking the DSWD for an evidence. Why did they provide conflicting solutions during the briefing (final Oct. 11) when simplest numbers were worried? And their personal numbers didn't tally,” she delivered, without elaborating on which figures she was regarding.

Marcos’ subcommittee asked the DSWD to provide statistics of its transactions with Starpay Corp., together with transfers and refunds, to get a far better graphic of how the social amelioration application (SAP) money have been spent.

The little-generic Starpay turned into certainly one of six digital wallet establishments gotten smaller with the aid of the DSWD and the Bangko Sentral ng Pilipinas (BSP) to digitally switch the 2nd tranche of cash aid to SAP beneficiaries under the Bayanihan law. The 5 other economic service suppliers (FSPs) had been Robinsons financial institution, Unionbank, Rizal commercial Banking Corp., Globe Telecom’s GCash and PLDT’s PayMaya.

Marcos stated the DSWD should still supply “a clear document and justifications on how lots turned into really obligated for SAP 1 and 2, and out of this obligation, how plenty was really remitted.”

“here's vital because of Delta and other editions, that they may need one or two more rounds of ‘ayuda’ (money aid)—and that’s already past the finances. How will you increase the branch’s new funds if the previous computations aren't in order?” Marcos spoke of.

DSWD justification

Marcos presided over the Oct. eleven Senate finance subcommittee hearing on the DSWD’s proposed budget, during which her colleagues led through Sen. Manny Pacquiao raised questions about how the little-favourite Starpay Corp. was entrusted with P50 billion in money for distribution beneath the SAP, beating greater organizations.

Pacquiao talked about Starpay ended up with the lion’s share of the SAP dollars despite acquiring a BSP license best in 2018 and declaring a loss in 2019. “Of the P85.1 billion in funding (for the second tranche of SAP), the DSWD entrusted to Starpay nearly 60 p.c, or more than P50 billion. The closing 40 p.c changed into divided amongst five different FSPs,” the senator mentioned.

DSWD officials led via Secretary Rolando Bautista pointed out Starpay’s skills changed into that it could serve americans and not using a cellular phone numbers using offline conduits, not like extra dependent brands like GCash, which in the beginning become allocated probably the most number of beneficiaries to serve.

Starpay previous spoke of it despatched money to more than 5 million beneficiaries inside a “very brief length of time” and has liquidated all of the cash it obtained from the DSWD. It admitted although that it didn't distribute about P8.2 billion in cash support that has when you consider that been back to the DSWD.

but Pacquiao alleged that the company stored about P10 billion in SAP money in its private bank account and let it “sleep” there for 10 months to earn interest amounting to P200 million.

DSWD officers had denied that the company made any money deposits to Starpay the usage of a private checking account, announcing all transfers were made to the company’s Landbank account, pursuant to BSP rules.

provider charges

The Bagong Alyansang Makabayan (Bayan) on Wednesday additionally weighed in on the questions raised about the aid distribution scheme.

“someone profited. This become made possible because the DSWD liked Starpay even when the latter did not have the ability nor song record for tremendous-scale transactions reminiscent of ayuda distribution,” Bayan Secretary well-known Renato Reyes pointed out.

He questioned why Starpay bought the bulk of the money for the SAP in 2020 and 2021 when it had a smaller person base than other digital structures and had stated losses in 2019.

DSWD officers prior disclosed that Starpay became prefunded with P51.35 billion worth of delivers for distribution to greater than 6.9 million beneficiaries.

“within the conclusion, Starpay become now not able to do many of the on-line transactions it promised because most effective 800,000 downloaded the app while there were some six million beneficiaries,” Reyes stated.

all the way through condominium deliberations on the proposed 2022 DSWD price range in September, Gabriela Rep. Arlene Brosas additionally mentioned that some beneficiaries had been charged P50 to P100 by using the FSPs for transacting over the counter on account of considerations with the app.

Reyes stated that if five million americans transacted over-the-counter as a substitute of by means of the app, the business would assemble P250 million in provider prices on my own, including:

“Why supply Starpay the massive contract when individuals will come to be claiming their SAP over-the-counter? Why didn’t DSWD use the greater established apps with a miles larger consumer base? Why turned into Starpay liked?”

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