P29.5B aid was released by DBM in the first 100 days of PBBM

P29.5B aid was released by DBM in the first 100 days of PBBM

MANILA, Philippines- The Department of Budget and Management (DBM) has already released P29.5 billion worth of aid for various beneficiaries during the ‘100 days’ of President Ferdinand Marcos Jr. at the office.

The various types of aid include support for farmers affected by the Rice Tariffication Law; vulnerable households affected by inflation; in a crisis situation; victims of typhoons and earthquakes.

Aid was also released for free rides for commuters along the Edsa Carousel Route and for eligible public and private healthcare and non-healthcare workers involved in the Covid-19 healthcare response.

“The DBM has indeed made significant strides in supporting the current government’s plans, programs and projects in its first 100 Days and much more will be done as it looks forward in funding a budget that is responsive to every need of every Filipino,” ayon sa DBM.

Meanwhile, the DBM released the list of the funds brought to the beneficiaries such as “P8 billion distributed by the Department of Agriculture for a P5,000 subsidy to 1,563,781 eligible rice farmers affected by the Rice Tariffication Law in the “third and fourth quarters” of 2022″ and “P4.1 billion, distributed by the Department of Social Welfare and Development’s (DSWD) for the second tranche of P500 monthly cash aid for low-income families or Targeted Cash Transfer (TCT) Program aimed at mitigate the impact of the squealing of oil and basic commodity prices.

Also included is P2 billion for the distribution of DSWD cash aid in “difficult circumstances” including those in crisis situations or Assistance to Individuals in Crisis Situation (AICS).

There is P1.5 billion for the distribution of P10,000 emergency shelter assistance by the department to 153,410 totally damaged houses in Regions 6, 8, 10 and 13 and affected by typhoon Odette; P1.4 billion – for Department of Transportation funds to support the extended “Libreng Sakay” program. Fund for free rides for commuters along the Edsa Carousel Route until December 2022; P1 billion for the Department of Health’s (DOH) funding to cover the unpaid Covid-19 special risk allowance claims of 55,211 health workers and P11.5 billion for the DOH’s funding of One Covid-19 Allowance or Health Emergency Claims for more than 1.6 million eligible public and private healthcare and non-healthcare workers. Chris Joseph

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