MANILA, Philippines – The Philippines’ conditional cash transfer (CCT) program could increase annual incomes of beneficiaries by 12.6 percent, resulting in the reduction of poverty incidence by 6.2 percent, simulations by the World Bank (WB) and the Australian Agency for International Development (AusAID) showed.
The results of the simulations were published in the Social Protection Note 3 titled “Welfare and Distributional Impacts of the Pantawid Pamilyang Pilipino Program” released recently by the two development partners.
An in-depth evaluation of the country’s CCT Pantawid Pamilya program is ongoing, but simulations using the rich database of the National Household Targeting System could already be done to show the potential impacts on poverty in program areas, the report said.
It said on average, pre-CCT annual per capita incomes of Pantawid Pamilya are equivalent to P9,205 ($219), way below the national poverty line of P16,841 ($401) in 2009.
On average, Pantawid Pamilya beneficiary households in program areas receive an annual cash transfer of P6,200 ($148) from the program.
With an average family size of five, this translates to a 12.6 percent increase in their total household income.
“A 12.6 percent increase in the incomes of beneficiary households can reduce the poverty incidence by 6.2 percentage points among them,” the report said.
“In program areas, the poorest areas of the country where CCT is implemented, Pantawid Pamilya can reduce poverty incidence by 2.6 percent and inequality by 6.6 percent.” –(The Philippine Star)
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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