House representatives proposed a bigger ‘ayuda’ funding for the poor and low-income families for 2025 as contained in the proposed 2025 General Appropriations Law or House Bill No. 10800.
The proposed budget covers Php114 billion in allocation for the Pantawid Pamilyang Pilipino Program (or 4Ps) and P39 billion for Ayuda sa Kapos and Kita Program (AKAP) or a total of Php143 billion.
In a statement earlier today, Libanan expressed high hopes that the Senate favorably endorses a larger funding allocations for the government’s targeted cash aid programs for the poor and low-income families.
“Both 4Ps and AKAP programs are crucial in advancing President Ferdinand Marcos Jr.’s strategic priorities by providing targeted cash subsidies to help proct vulnerable households from global price increases,” Libanan said,
“There is ample evidences that government-sponsored cash transfer programs are highly cost-effective in improving the lives of disadvantaged families and raising consumption levels,” the 4Ps Representative added.
Libanan also stressed that the President clearly supports the AKAP manifested by signed the 2024 General Appropriations Law which allocated P26.7 billion for the AKAP.