P4.1-B subsidy to mitigate inflation

By Eireene Jairee Gomez

Aug 04, 2022 12:56 am

A LITTLE over P4 billion in subsidies can now be delivered to poor Filipino households amid rising prices, the National Economic and Development Authority (NEDA) announced on Wednesday.

In a statement, the NEDA said the Department of Budget and Management had approved the release of a P4.1-billion Special Allotment Release Order for the government's Targeted Cash Transfer (TCT) program.

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