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Manila Bulletin devider Business devider DBM allocates P206-B 'ayuda' in 2023 budget

DBM allocates P206-B 'ayuda' in 2023 budget

Published Nov 7, 2022 02:04 pm

The Marcos administration is planning to spend over P200 billion next year to mitigate the impact of skyrocketing consumer prices on the most vulnerable sectors, the Department of Budget and Management (DBM) said.

In a statement on Monday, Nov. 7, Budget Secretary Amenah F. Pangandaman said they have allocated around P206.5 billion for cash transfers and subsidy programs, or “ayuda,” under the 2023 proposed national budget.

Pangandaman said the allotment is in adherence to President Marcos’ marching order to prioritize the poor, especially the victims of calamities and other crises, amid the challenges caused by inflation.

“The proposed 2023 national budget is crafted to withstand future risks, challenges, and shocks,” Pangadaman said. “We feel and understand the plight of our kababayans as we face the unfortunate impacts of the inflation due to several factors that some are beyond our control.”

The P206.50 billion of “ayuda” in the form of cash transfers and subsidy programs will be earmarked to various national government agencies.

The Department of Social Welfare and Development (DSWD) will be provided with P165.4 billion for the implementation of its several social assistance programs.

The Department of Health (DOH), meanwhile, will be provided with P22.39 billion for the implementation of the Medical Assistance to Indigent and Financially-Incapacitated Patients (MAIP) to provide financial support to 1.6 million indigent and financially incapacitated Filipinos.

The Department of Labor and Employment (DOLE) will be provided with P14.9 billion for its Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) Program.

The Department of Transportation (DOTr) will be provided with P2.5 billion for the provision of fuel subsidies to our public transport drivers amid the increasing fuel prices.

Finally, the Department of Agriculture will be provided with P1.00 billion for the provision of fuel assistance to corn farmers and fisherfolk. Of this amount, P510.4 million will be for corn farmers, while P489.6 million will be for fisherfolk.

“We will continue prioritizing the implementation of existing programs geared to provide targeted subsidies and assistance to the most vulnerable sectors and we are hopeful that these interventions would effectively balance our need to sustain our growth momentum while cushioning the impact of the global inflation,” Pangandaman said.

Specific programs under the 2023 budget which aim to improve the condition of average Filipinos amid soaring prices include P115.6 billion for the Pantawid Pamilyang Pilipino Program, P25.3 billion Social Pension for Indigent Senior Citizens, P19.9 billion for Protective Services for Individuals and Families in Difficult Circumstances, and P4.4 billion for Sustainable Livelihood Program.

“We hope that these efforts will help ease the burden of our fellow Filipinos. The welfare of our kababayans most in need remains the top priority of the Marcos Jr. administration, especially during these trying times. We hope that it will assure them that their government is right here on top of the situation,” Pangandaman said.

Related Tags

Department of Budget and Management DBM Budget Secretary Amenah F. Pangandaman
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