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Manila Bulletin devider Philippines devider National devider DSWD to give cash assistance to 'sari-sari' store owners affected by rice price ceiling on Sept. 26

DSWD to give cash assistance to 'sari-sari' store owners affected by rice price ceiling on Sept. 26

Published Sep 25, 2023 05:52 am

The Department of Social Welfare and Development (DSWD) will distribute cash assistance to sari-sari store owners suffering losses due to the rice price ceiling starting on Tuesday, Sept. 26.

DSWD Assistant Secretary for Strategic Communications Group and spokesperson Romel Lopez on Monday, Sept. 25 said the payout through its Sustainable Livelihood Program (SLP) is in response to the order of President Marcos to assist those affected by the price cap on well-milled and regular-milled rice.

A P15,000 livelihood grant will be given to all qualified sari-sari stores that adhere to the price cap in accordance with the DSWD and Department of Trade and Industry (DTI) regulations.

“The one-time SLP-cash assistance program will continue to reach impacted rice retailers, including those small businesses and sari-sari stores,” Lopez said.

He added that the department will prioritize cash aid payments to sari-sari store owners who sell rice within the price cap and have their businesses registered with their respective local government units (LGUs).

“The sari-sari store must also have a registration from its barangay and participate in the nano-retailer program, which is supported financially by their LGU in order to qualify for the program and be eligible to receive the cash aid,” he pointed out.

Lopez also bared that the DSWD and DTI will expedite the cash payout this month.

The government has so far provided at least P92.3 million worth of cash assistance to 6,161 micro rice retailers affected by the nationwide rice price ceiling.

Lopez also pointed out that DSWD and DTI will continue to distribute cash aid to micro rice retailers who are unable to meet their scheduled payouts or have pending documents.

The cash payout aims to assist small rice traders and retailers amid the price ceilings imposed by Executive Order No. 39 series of 2023.

Related Tags

DTI rice price cap DSWD
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