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Gov’t raises 2014 CCT program budget to P63B

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The Aquino administration has proposed a much higher budget of P62.6 billion in 2014 for the conditional cash transfer (CCT) program.

Posted: July 24th, 2013 in Editor's Pick,Headlines | Read More »

28M to receive gov’t dole

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Budget Secretary Florencio Abad   INQUIRER FILE PHOTO

State subsidy to the poor via the conditional cash transfer (CCT) program will further go up so that practically all of them are covered in two years’ time, Budget Secretary Florencio Abad said on Monday.

Posted: June 25th, 2013 in Headlines | Read More »

PH looks to MIC for lessons on reducing poverty

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Middle-income countries (MIC) like Brazil and Mexico have enjoyed relative success in reducing their respective poverty levels. Now, Philippine policymakers are looking to these countries to make sure that the local poor will not be left behind as the economy grows.

Posted: June 18th, 2013 in Headlines | Read More »

World Bank hails conditional cash transfer program

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world bank

The World Bank Bank said Friday the conditional cash transfer (CCT) program, for which the Philippine government spends a huge amount in monthly subsidies to the poor, is so far proving to be a worthy investment.

Posted: March 1st, 2013 in Latest Business Stories | Read More »

ADB cites PH cash-for-poor program

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The Philippines has set an example for countries on how to effectively carry out a conditional cash transfer program that will curb extreme poverty and help out millions of people without spending too much, according to the Asian Development Bank (ADB).

Posted: November 28th, 2012 in Headlines | Read More »

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