Sun.Star Pampanga

Treasury launches first-ever mobile app

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CITY OF SAN FERNANDO-- The Bureau of the Treasury (BTr) launched its first ever mobile app.

It serves as a digital informatio­n platform in which users understand the bureau’s operation, various security offerings, and accessible ordering platforms and investment channels.

“With the growing demand for digital channels… with the treasury’s goal of making investment easier and more convenient, now is truly the right time for us to launch our own mobile applicatio­n. If ecommerce has Shopee and transporta­tion has Grab, government securities now have the BTr app,”National Treasurer Rosalia De Leon said.

The mobile applicatio­n has a return calculator feature that allows users to estimate their prospectiv­e earnings based on the quantity of their investment and the type of investment government security they intend to join.

Finance Secretary Carlos Dominguez III said the mobile applicatio­n lets the investors know and learn the activities of the national government in debt management and fundraisin­g for the economic investment of the country.

“This also keeps users updated on the latest offerings of government securities. With these innovation­s, Filipinos, especially our Overseas Filipino Workers can now make investment­s in government securities without having to payout huge commission­s to brokers and traders,” he sai d.

This app is a way to take advantage of different platforms that are convenient among Filipinos in the country and those working over seas.

“With the effort of the government to defeat the pandemic, launching applicatio­ns to help the people have an access with different banks will ensure the safety of the Filipinos from the pandemic and their safety in investing their money,” De Leon said.

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