By Ellalyn De Vera-Ruiz
The Department of Social Welfare and Development (DSWD) has expedited the formulation of guidelines for the distribution of cash subsidy that will help cushion the impact of the Tax Reform for Acceleration and Inclusion (TRAIN) Law on poor families.
“We are finalizing the guidelines so that beneficiaries can already receive their cash subsidy and use it for their basic needs. This is the central aim of the UCT (unconditional cash transfer) — to help poor Filipinos cope with the price increases of some goods and services,” DSWD officer-in-charge Emmanuel Leyco said.
UCT provides cash subsidy to 10 million households which is intended to help tide them over amid increasing prices of goods and services, which comprise the initial impact of the TRAIN law.
Under the UCT scheme, 10 million beneficiaries will receive R200 a month as the subsidy for 2018, and P300 a month for 2019 and 2020.