67 The right to social security of the workers in the informal economy/ sector a. As recommended by ILO162, strengthen legislation, policies, and compliance mechanisms that facilitate the transition of the WIES to formality, including for those most vulnerable to decent work deficits, according to national circumstances. Likewise, “increase action by employers’ and workers’ organizations and representative organizations of those in the informal economy to assist workers and economic units in the informal economy and facilitate the transition to the formal economy.”163 12. Look into developing mechanisms providing WIES, including micro, small, and medium enterprises access to credit and financial services, ensuring the wide reach of the population including the low-income, and removing the structural barriers that traditional banking procedures have. 13. The best practices of the Pasig LGU may be replicated in other local government units “not just [to give] financial assistance but also [empower] and [create] new entrepreneurs. 14. Ensure public consultation and participation on matters of public concern. It is the active involvement of the public in the formulation of policies, legislative measures, and programs as well as in monitoring the implementation that safeguards the rights of the people and ensures an efficient, transparent, and accountable government. Also, with public participation, the insights of affected groups are taken into account and the voices of the most vulnerable are amplified. 15. Conduct a further review of the situation of WIES at a national level to reflect the actual and full-scale condition on the ground. The Commission is resolved to work with key stakeholders, including the national government agencies and local government units on national and international efforts and further increase cooperation to face the challenges above-mentioned. Policy Outcomes 6: Formalization of the informal economy, International Labor Organization, available at https://www.ilo.org/global/topics/dw4sd/theme-by-policy-outcomes/WCMS_558311/lang-en/index.htm, (last accessed September 21, 2021). 163 Id. 162

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