PBBM orders release of P43-B social safety nets fund

Department of Budget and Management (Photo courtesy of DBM / Pixabay)

By Darryl John Esguerra | Philippine News Agency

President Ferdinand R. Marcos Jr. has ordered the release of P43.18 billion to fund financial aid, food support, pensions and livelihood programs for vulnerable Filipinos, the Department of Budget and Management (DBM) said Tuesday.

The funds, released by the DBM and coursed through the Department of Social Welfare and Development (DSWD), aim to ensure the uninterrupted and immediate delivery of social protection services amid ongoing economic pressures.

“Malinaw ang direktiba ng Pangulo: walang delay, walang bottleneck. Kapag tulong para sa tao, dapat mabilis, diretso, at nararamdaman agad,” Budget Secretary Rolando Toledo said in a statement.

He emphasized that the funding will directly support basic needs and social safety nets.

The largest share, amounting to P36.87 billion, will fund the Protective Services for Individuals and Families in Difficult Circumstances program.

Another P3.45 billion will go to the Supplementary Feeding Program for children enrolled in child development centers, while P2.05 billion is allocated for the Social Pension for Indigent Senior Citizens.

The Sustainable Livelihood Program will receive P810 million to help poor and marginalized households build income-generating activities.

“Sa panahon ng krisis, ang bilis ng pag-abot ng tulong ang tunay na sukatan ng serbisyo publiko,” Toledo said.

The DBM said the release complies with National Budget Circular No. 599, which requires approval from the Office of the President and submission of performance targets for new or increased budget items under the 2026 General Appropriations Act.

Popular

PBBM orders D.A. to lower rice prices, ensure supply

By Brian Campued President Ferdinand R. Marcos Jr. directed the Department of Agriculture (DA) to implement measures to bring down the prices of rice and...

‘All systems go’ for 48th ASEAN Summit in Cebu —PCO, NOC

By Brian Campued The Philippines is all set to host the 48th Association of Southeast Asian Nations (ASEAN) Summit and Related Meetings in Cebu later...

PBBM to meet with Paraguay president on May 11 

By Brian Campued President Ferdinand R. Marcos Jr. will hold a bilateral meeting with Paraguay’s President Santiago Peña Palacios in Manila next week, the Presidential...

PAGASA notes ‘danger-level’ heat index in 20 areas on Tuesday, monitors 2 LPAs outside PAR

By Dean Aubrey Caratiquet Twenty areas in the country are set to experience dangerous heat index levels, according to the 5:00 p.m. forecast of the...