New round of financial aid for each family urged

MANILA, Philippines — Taguig-Pateros Rep. Alan Peter Cayetano wants a fresh round of financial aid for each family amid the recent price hikes in basic goods such as meat and vegetables. Cayetano said he was preparing a proposal for cash assistance of P10,000 for each family to help them cope with the unabated rise in the prices of basic commodities. “Because the Covid-19 vaccine is toward the end of the year, we are readying a proposal that would give P10,000 to each Filipino family in aid this year … It will be a big deal if we can give them aid again, whether in one or two gives,” Cayetano said on Saturday. He said the financial assistance could be sourced from the P4.5-trillion 2021 national budget or through loans. —Julie M. Aurelio