Fast-track cash aid for poor as inflation quickens: Bam Aquino


Posted at Jun 11 2018 10:25 AM

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MANILA - The government should expedite the distribution of cash aid to poor families to help them cope with rising consumer prices, a senator said Monday.

The Department of Social Welfare and Development has only distributed half of the P24 billion that was budgeted for the unconditional cash transfer program, said Sen. Bam Aquino.

Aquino is the author of a measure that seeks to roll back excise taxes on fuel that were implemented last Jan. 1 under the first package of tax reforms. The government also imposed higher duties on sugar-sweetened drinks and tobacco products.

"Yung unconditional cash transfer, 'yun lang ang programa na puwede mong masabi na tutulong sa mga mahihirap sa TRAIN law," said Aquino, referring to the Tax Reform for Acceleration and Inclusion.

(The unconditional cash transfer, that's the only program that can help the poor under the TRAIN Law.)

"While it is not completely implemented, hindi natin masasabi na makatarungan ang batas na ito," he told ANC.

(While it is not completely implemented, we can't say that this law is just.)

The law should be suspended until the cash aid is distributed in full to some 10 million beneficiaries, he said.