CJ NEWS

P143B PROPOSED FOR ‘AYUDA’ FUNDING IN 2025 


P143B PROPOSED FOR ‘AYUDA’ FUNDING IN 2025 
Story: JOSEPHINE MENDOZA
Photo: Internet


House representatives proposed a bigger ‘ayuda’ funding for the poor and low-income families for 2025 as contained in the proposed 2025 General Appropriations Law or House Bill No. 10800.

The proposed budget covers Php114 billion in allocation for the Pantawid Pamilyang Pilipino Program (or 4Ps) and P39 billion for Ayuda sa Kapos and Kita Program (AKAP) or a total of Php143 billion.

In a statement earlier today, Libanan expressed high hopes that the Senate favorably endorses a larger funding allocations for the government’s targeted cash aid programs for the poor and low-income families.
P143B PROPOSED FOR ‘AYUDA’ FUNDING IN 2025 
“Both 4Ps and AKAP programs are crucial in advancing President Ferdinand Marcos Jr.’s strategic priorities by providing targeted cash subsidies to help proct vulnerable households from global price increases,” Libanan said,

“There is ample evidences that government-sponsored cash transfer programs are highly cost-effective in improving the lives of disadvantaged families and raising consumption levels,” the 4Ps Representative added.

Libanan also stressed that the President clearly supports the AKAP manifested by signed the 2024 General Appropriations Law which allocated P26.7 billion for the AKAP.
P143B PROPOSED FOR ‘AYUDA’ FUNDING IN 2025 
The AKAP provides cash assistance to minimum wage earners in the low-income category who are severely affected by rising inflation.

The 4Ps provides cash grants to 4.4 million Filipino households on the condition that the parents attend family development sessions, ensure that their children receive regular health check-ups and keep them enrolled in schools.

The House Minority Leader also noted that next year’s 4Ps allocation will include additional cash grants for pregnant women until the child turns 2 years old.

“The 4Ps cash grants have alleviated poverty, increased school participation, reduced child labor and improved access to health and nutrition services for mothers and children,” Libanan said.(CJ/JMM)
P143B PROPOSED FOR ‘AYUDA’ FUNDING IN 2025 
- Calbayog Journal, November 18, 2024.


-, November 18, 2024




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