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P133B in cash aid disbursed – LandBank

OVER 7 million beneficiaries received a total of P133.6 billion in cash transfers last year under two government programs, Land Bank of the Philippines (LandBank) said on Monday.

Of the amount, P123.74 billion went to 4.4 million low-income families under the conditional cash transfer (CCT) program while P9.86 billion was delivered to 2.8 million unconditional cash transfer (UCT) beneficiaries, the bank said in a statement.