DESPITE the possible financial problems it might cause the next administration, President Duterte sought a higher budget allocation for the Department of Finance’s (DOF) new unconditional cash transfer (UCT) program.
DESPITE the possible financial problems it might cause the next administration, President Duterte sought a higher budget allocation for the Department of Finance’s new unconditional cash transfer program.
During his speech for the signing of the Public Service Act last Monday, Duterte ordered Finance Secretary Carlos G. Dominguez III to raise the monthly amount to be given to UCT beneficiaries from P200 a month to P500. “I told Sonny , well also from the ground, ‘the feedback, for your 200 . . . I also said it’s too small, too small for one month,” Duterte said.DOF allocated P33.1 billion for the program, which aims to help poor families cope with the impact of rising fuel prices.
Acting Presidential spokesperson Martin M. Andanar said UCT will be allocated for the 12 million Pantawid Pamilyang Pilipino Program recipients.Duterte said Dominguez expressed reservation over the additional budget allocation needed to implement the increase in UCT benefits, since it will cause “problems” in the government finances in six months after it is implemented.“Let us leave it to the [next] president where he will steal [more funds]. We will give that 500 [UCT].
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