The DSWD social welfare agency is going to hand out PHP 1000 cash assistance to those who are eligible for the inflation ayuda program. The amount is intended to help the most vulnerable families cope with the rising costs of goods. The program is part of a larger initiative by President Ferdinand R. Marcos Jr., who has formed an inter-agency committee to address inflation and market outlooks as well as oversee government response to rising prices.
The cash assistance amounting to PHP500 for two months will be given out to Pantawid Pamilyang Pilipino Program (4Ps) members, senior citizens, farmers, fisherfolk, those earning below minimum wage, and those in the transport sector. Apart from this, additional subsidies include fertilizer discount vouchers, fuel discounts for farmers and fisherfolks as well as fuel subsidies for the transport sector.
DSWD PHP 1000 Ayuda Due to Rising Inflation – Part of Targeted Cash Transfer (TCT) Program
The Philippine government is taking steps to address the rising inflation rate in the country which has been causing financial struggles for low-income families. In response, President Ferdinand R. Marcos Jr. recently announced a PHP 1,000 (PHP 500 for two months) cash aid for 9.3 million households under the extended Targeted Cash Transfer (TCT) program.
This subsidy ayuda will provide inflation subsidies to vulnerable sectors, including members of Pantawid Pamilyang Pilipino Program (4Ps), those earning below minimum wage, senior citizens, farmers, fisherfolk, and those in the transport sector.
Apart from this cash assistance program, additional subsidies have also been given out such as fertilizer discount vouchers and fuel discounts for farmers and fisherfolks as well as fuel subsidies for the transport sector affected by fuel price surge due to Russia-Ukraine war. All these measures are expected to help alleviate financial struggles of low-income families caused by global oil price surge leading to higher cost of goods in the Philippines.
How to Apply for Ayuda PHP 1K from DSWD?
DSWD mentioned that they already have the list of beneficiaries who will benefit from the PHP 1000 ayuda program. They will basically contact these beneficiaries and inform them once the cash assistance will be distributed to their bank accounts.
Because DSWD already has the list of beneficiaries, affected low-income Filipinos will only need to wait and be on the lookout for these cash assistance programs.
However, those who think they are eligible for the program but have not received any message from DSWD can visit the nearest DSWD office in their area and apply for this subsidy ayuda.
We hope that all affected Filipinos will be able to take advantage of these programs to help ease their financial burden due to high inflation rate. We also urge people to contact DSWD should they need more information or help with regards to applying for these government benefits. Stay safe everyone!
Video: DSWD Ayuda PHP 1000 Assistance Report
Here’s a news report from ABS-CBN TeleRadyo on the PHP1000 cash ayuda due to rising inflation on who will be able to take advantage of the said program:
The government is confident that funds made available through improved tax collections can be utilized to implement these programs across the country and help Filipino people struggling financially due to high inflation rate. Beneficiaries interested in obtaining further information about this program or needing assistance with availing its benefits should contact DSWD (Department of Social Welfare and Development).
The Philippine government is indeed doing its best in providing assistance and subsidies to vulnerable sectors of society hit hard by inflation. These measures will go a long way towards helping alleviate financial struggles caused by rising costs of goods.