Equity

MANILA, Philippines — The P21-billion Conditional Cash Transfer (CCT) program of the Aquino government will not reduce poverty, according to a United Nations expert on social development.

The high economic growth rates that the government has been reporting has no meaning for the poor since they have not benefited at all from the supposed economic gains in terms of uplifting their conditions, the World Bank (WB) said in its latest update on the country.

CEBU, Philippines – Aside from financial assistance it will grant to the so-called “poorest of the poor,” the Department of Social Welfare and Development will be allowing beneficiaries of the Pantawid Pamilyang Pilipino Program (4P’s) a P10,000 loan to start a livelihood.

MANILA, Philippines—The widening gap between the rich and poor calls for an equal, if not greater, response from local businesses to help raise the living standards of families at the “bottom of the pyramid.”

The Unbound Economy DAVOS – As the dramatic events in North Africa continue to unfold,many observers outside the Arab world smugly tell themselves that it is all about corruption and political repression. But high unemployment, glaring inequality, and soaring prices for basic commodities are also a huge factor. So observers should not just be asking…

MANILA, Philippines – Opposition lawmakers urged the Department of Social Welfare and Development (DSWD) to conduct a monthly accounting of its disbursements from the P22-billion conditional cash transfer (CCT) fund.     

MANILA, Philippines – The National Food Authority (NFA), the state-owned grains agency, will no longer provide subsidized rice to the poor as this role would now be transferred to the Department of Social Welfare and Development (DSWD).

Funds from controversial Conditional Cash Transfer (CCT) Subsidy Program of the Department of Social Welfare and Development (DSWD) under its chief, Corazon “Dinky” Soliman, as predicted, have been going to families who can hardly be considered the poorest of the poor.

It was pretty disappointing that Economic Secretary Dondon Paderanga was not able to give a more spirited defense of the administration’s conditional cash transfer program when it was attacked, ever so gently, by Sen. Bongbong Marcos during the FOCAP forum last week. Sen. Marcos raised the growth versus equity thing… that P-Noy is sacrificing growth…

MANILA, Philippines – The year of the Metal Rabbit, which begins on February 3, will be a better year for Philippine business and the economy in general.

MANILA, Philippines – The Department of Budget and Management is preparing a budget execution strategy for an additional P21 billion worth of conditional cash transfer (CCT) program to be distributed by the Departments of Social Welfare and Development, Education and Health.

MALACAÑANG on Sunday announced that the Department of Social Welfare and Development (DSWD) was successful in meeting its target to help at least 1 million Filipinos through its conditional cash transfer (CCT) program. “We are very glad that the DSWD has achieved its goal of reaching out to one million beneficiaries for 2010 under its…

MANILA, Philippines –  Sen. Edgardo Angara cited yesterday the possible danger on the P21-billion conditional cash transfer (CCT) program the Aquino administration will implement for some 2.3 million indigent families.

MANILA, Philippines –  The House of Representatives will closely monitor the implementation of the P22-billion conditional cash transfer (CCT) program next year

The House minority bared yesterday the removal of a provision in next year’s budget that would prevent the unused portion of the massive P21 billion budget for the conditional cash transfer (CCT) program of the Department of Social Welfare and Development (DSWD) from turning into savings the use of which would be under the discretion…

LICAB, Nueva Ecija — Scarlet Taguinod, 41, wakes up at 4 in the morning everyday to prepare food for her family and wash their dirty clothes.

Unions representing government workers are set to fight a protracted battle against the implementation of the P21-billion conditional cash transfer (CCT) of the Department of Social Welfare and Development (DSWD) even under a new secretary in the event that Corazon “Dinky” Soliman is replaced.

The proposed P21-billion conditional cash transfer (CCT) program of the Aquino administration in the 2011 national appropriations bill is wanted slashed by some senators who remain doubtful about the so-called absorptive capacity of the implementing agency, the Department of Social Welfare and Development (DSWD).

MANILA, Philippines—The selection of beneficiaries is one of the most contentious portions of cash transfer programs in various countries, according to Social Watch coordinator and Third World Institute executive director Roberto Bissio.

MANILA, Philippines – The Department of Social Welfare and Development (DSWD) has partnered with various non-government organizations for the implementation of a supplemental feeding program that will benefit some 1.8 million children.

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MANILA, Philippines—An international expert on Monday said effective implementation of the conditional cash transfer program is critical to addressing extreme hunger and poverty suffered by 4 million Filipino families.

UPSTART Phoenix Petroleum Philippines Inc. saw its core profit shooting nearly three-fold in the third quarter, outpacing market leader Petron Corp. whose net income grew by just a sixth, according to separate disclosures made by the two listed oil companies.

WHY bite the hand that feeds? Party-list Rep. Teodoro Casiño of Bayan Muna sees this as the reason why the Akbayan party-list group made a sudden turnaround on its stand—from being a harsh critic of the controversial P21.9-billion conditional cash-transfer (CCT) program that is included in the House-approved P1.645-trillion 2011 budget to one of its most…

STRONG GOVERNANCE and sustained vigilance against corruption are vital if countries in Asia-Pacific are to spread benefits of economic progress to their citizens, Asian Development Bank (ADB) President Haruhiko Kuroda said yesterday.

DESPERATE PALACE GETS CLINTON TO ENDORSE DOLEOUTS President Aquino and his allies in the Senate may be in for a big disappointment as opposition from senators swelled yesterday on the huge P21 billion funding of the doleout conditional cash transfer (CCT) program despite a desperate Palace bid of having visiting former US President Bill Clinton…

MANILA, Philippines – After sailing through the House of Representatives almost untouched, the country’s proposed budget of P1.645 trillion for 2011 faces possibly major changes when it reaches the next stage: the Senate.

I AM not altogether against the conditional cash transfer (CCT) program as a component of the government’s poverty alleviation agenda.

CASH TRANSFER PROGRAM WHO ARE the poor? Where are they? Ofelia walks every day with her children to the forest to gather hearts of banana plants that she can sell so there is some money to send her children to school. Nena has to make a choice daily between eating three times a day and…

The objections of some opposition congressmen to the Department of Social Welfare and Development (DSWD)’s proposed P21-billion Conditional Cash Transfer (CCT) budget are largely on the question of absorption capability rather than on policy. At the end of the three-year period in 2010, the P3 billion program that was started by President Gloria Macapagal-Arroyo sometime…