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Nation

DBM releases P2 billion to assist poor Pinoys in crisis

Louise Maureen Simeon - The Philippine Star

MANILA, Philippines — The Department of Budget and Management (DBM) has released P2 billion in additional funds to help Filipinos cope and recover from crisis situations.

Budget Secretary Amenah Pangandaman approved the release of the amount to the Department of Social Welfare and Development (DSWD).

The allocation will go to the DSWD’s Assistance to Individuals in Crisis Situations (AICS) program, which provides integrated services, including financial assistance for transportation, medical, burial, food and other support services to individuals and families.

As of June, the AICS program had served over 1.5 million people, exceeding its annual target of 1.4 million.

Up to 642,348 people are being targeted for assistance under the program for the rest of the year.

Started in 2014, the AICS program serves as a social safety net or stop-gap measure to support the recovery of individuals and families suffering from unexpected life events or crisis.

It aims to complement the social amelioration programs of the government and sustain the basic needs of families affected by health and socioeconomic disruptions.

Target beneficiaries are individuals or families who are indigent, vulnerable, disadvantaged or in a crisis situation based on the assessment of the DSWD.

Last week, the DBM released P4.13 billion to cover the second tranche of cash aid under the Targeted Cash Transfer program of the DSWD.

DBM

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