Distribution of the first batch of cash aid intended for an initial 1.2 million Filipino households amid the rising costs of fuel and other commodities started Wednesday, the Department of Social Welfare (DSWD) announced.
Ed Gumban, PhilStar Life
DSWD said the first tranche was aimed at the bottom 50% of beneficiaries, with P1,000 released for each household. There are also “2.4 million households in the database of Listahanan that fall within the first to fifth income decile, or other poverty data sources of the DSWD,” the Department of Finance said.
State-owned Land Bank of the Philippines is responsible for distributing the cash subsidy through various mediums, including cash cards, other banks, electronic money issuers, and remittance centers.
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