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DBM: No timeline yet for distribution of P200 aid to poor families


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This March 2022 photo shows a notice to customers of impending price hikes on bread and other baked products. Rising fuel prices are seen to affect the prices of basic goods.

Philstar.com

 

MANILA, Philippines — The Department of Budget and Management (DBM) said on Monday that there is no schedule yet for the distribution of the monthly P200 ayuda for poor households. 

 

This comes around a week after Finance Secretary Carlos Dominguez III proposed a P200 monthly subsidy for 12 million poor families for a year as the country continued to experience the impacts of the sustained fuel price hikes. Presidential spokesperson Martin Andanar earlier confirmed that President Rodrigo Duterte approved of the proposal, but said it is up to the DBM to release the guidelines.

 

"Itong sa P200 na 'to [monthly subsidy], hindi namin alam kung kelan exactong panahon kung kelan ito. I hope na mabigay 'to sa lalong madaling panahon kasi marami rin nagrereklamo tungkol dun sa pagtaas ng presyo ng bilihin," Acting Budget Secretary Tina Canda said in an interview aired on ANC's "Headstart" on Monday. 

 

Full Story: https://www.philstar.com/headlines/2022/03/21/2168851/dbm-no-timeline-yet-distribution-p200-aid-poor-families

 

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-- © Copyright Philstar 2022-03-23

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