The Department of Social Welfare and Development (DSWD) is ready to provide P15,000 in cash assistance to small rice retailers who may incur losses due to the Malacañang-mandated price ceiling on rice, which became effective on Tuesday, even as the House Committee on Appropriations searches for unprogrammed funds in the…
The Department of Social Welfare and Development is ready to provide P15,000 in cash assistance to small rice retailers who may incur losses due to the Malacañang-mandated price ceiling on rice, which became effective on Tuesday, even as the House Committee on Appropriations searches for unprogrammed funds in the 2023 General Appropriations Act to augment this funding.
The DSWD chief said the SLP currently has a P5.5 billion budget, which can be immediately used to help cushion the impact of the price cap on rice, particularly among small rice retailers who have very small inventories. “Hopefully, by next week, we can conduct a payout for the sustainable livelihood grant to our affected rice retailers,” he said.
“We are looking at the unprogrammed fund, and hopefully, it has been checked that there are available funds, and at the same time, Secretary Rex still has funds,” Co said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PBBM vows aid for rice retailers; off to Asean meet | Samuel P. MedenillaPRESIDENT Ferdinand R. Marcos Jr. said the government will tap the P6.4-billion sustainable livelihood program (SLP) fund of the Department of Social Welfare and Development (DSWD) to provide aid to small-scale rice retailers affected by the price ceiling under his Executive Order (EO) No. 39. In his speech before flying…
Read more »
House, DBM tweak 2023 budget for P2-billion rice retailers’ aidTHE House of Representatives is working closely with the Department of Budget and Management (DBM) to allocate P2 billion in cash assistance for retailers affected by the rice price ceiling imposed by the Palace, Speaker Ferdinand Martin G. Romualdez announced on Monday. Romualdez instructed Ako Bicol Party-list Rep. Elizaldy Co, the…
Read more »
P2b aid for rice retailers eyedThe House of Representatives will find ways to allocate P2 billion to help retailers who will be hurt by the
Read more »
DSWD to provide cash aid to retailers affected by price cap on riceThe Department of Social Welfare and Development (DSWD) will provide cash aid to local grain retailers who may be affected
Read more »
DSWD to distribute P15,000 cash aid to small rice retailersTHE National Government, through the Department of Social Welfare and Development (DSWD), will distribute cash aid to small rice retailers who would be affected by the mandatory...
Read more »
Quezon City to give financial aid to rice retailers, consider waiving rental feesAs rice retailers reel from the financial pain caused by Marcos' order, Quezon City Mayor Joy Belmonte promises to provide assistance, on top of the help from the national government
Read more »