Ten million indigents will benefit under government’s unconditional cash transfer program (UCT).
MANILA, Philippines — The Department of Social Welfare and Development (DSWD) begins the distribution of P24-billion worth of financial aid to 10 million indigent Filipino beneficiaries of the unconditional cash transfer program (UCT).
The UCT is a program mandated by the Tax Reform for Acceleration and Inclusion (TRAIN) Law as aid to individuals who might be affected by its implementation.
The law states that 10 million individuals will benefit from the said program.
Four point four (4.4) million of them are members of the Pantawid Pamilyang Pilipino Program (4Ps).
Three million are elderly and indigent beneficiaries of the social pension program while 2.6 million are on the list of the DSWD who will still have to undergo validation.
“Inaasahan kasi natin na bagamat hindi Dapat na ganun kalaki ang impact ng TRAIN sa inflation gusto nating matulungan ang mamamayan na magtaas man ang presyo meron silang huhigutin,” said DSWD officer-in-charge Emmanuel Leyco.
(Although the impact of TRAIN law on the inflation is not that huge, we still want to help the public so that even when prices of products may rise, they will have the money for it.)
Leyco said that the program will take effect for three years.
Beneficiaries will receive P200 monthly, or a total of P2,400 this year.
The monetary assistance will increase to P300 monthly, or P3,600 in 2019 and 2020.
“Kaya po ang napagkayarian namin dito sa DSWD ay ibigay ng buo na P2,400 kesa P200 a month,” said the official.
(What we have decided to do here in DSWD is to give the entire P2,400 instead of P200 pesos a month.)
Among the first beneficiaries who withdrew the monetary assistance was Jinky dela Peña, a beneficiary under the Pantawid Pamilyang Pilipino Program.
“Kung tutuusin kulang po. Meron kami cash grant so parang dagdag na lang po,” said Jinky.
(This is actually not enough. We have a cash grant, so this is just an additional.)
Another beneficiary, Ricky Lopez , is thankful for the cash grant which is a huge help in sending his child to school.
“Nagpapasalmat ako sa ngayon dahil nadagdagan yung binibigay sa amin,” said Ricky Lopez, a UCT beneficiary.
(I’m thankful because the amount I am receiving has increased.) — Maris Federes | UNTV News & Rescue