P16 daily aid 'too paltry' to even buy half kilo of rice --Poe | Inquirer News

P16 daily aid ‘too paltry’ to even buy half kilo of rice –Poe

/ 02:40 PM March 24, 2022
SEPTEMBER 11, 2020 11 year-old Mary Grace Solomon (2nd from left) and her younger siblings Mary Kris, Mateo and Mary Rose test a new cellphone inside their one-room rented home in Barangay Muntindilaw, Antipolo City. Their mother Robelyn Solomon said it was purchased through a PAG-IBIG loan she asked her husband, a driver for a cement factory, to make so the children would have a working gadget to use and share by scheduling for their distance learning classes. All four are enrolled in New Hope to Asia, a non-profit church-run private school offering scholarships to children from poor families. At left are medals that Mary Grace received from being a consistent honor student at NHA. The school will begin non face-to-face classes on October 5. INQUIRER PHOTO/LYN RILLON

(FILE) AIDING THE POOR A resident of Barangay Rawis in Legazpi City, Albay, checks the cash assistance he received from the government as the country deals with the coronavirus pandemic.—MARK ALVIC ESPLANA

MANILA, Philippines —The government’s P500 monthly subsidy, equivalent to P16 per day, for three months is “too paltry” to even purchase a half kilo of rice, Senator Grace Poe said Thursday.

“Compared to P200, the P500 per month aid to the poorest of the poor may look better on its face but there’s a catch. From the earlier promised year-long assistance, it was announced that the cash aid can be guaranteed for only three months,” Poe said in a statement.

ADVERTISEMENT

“Stretched to a month, P500 translates to only P16.67 per day, which is insufficient to cover for the oil price hikes in the past few weeks. Too paltry that it could not afford a family a half kilo of rice,” she continued.

President Rodrigo Duterte initially approved a P200 monthly aid, good for a year, for families who are in the bottom 50 percent of the population amid rising fuel costs.

FEATURED STORIES

It was eventually increased to P500 per month as the president finds it meager.

However, the P500 subsidy could only cover up to three months, according to the Department of Budget and Management.

Poe lamented that as the war between Ukraine and Russia — a key crude producer — continues, oil prices will increase which will have an effect on the cost of commodities.

The senator noted that there are billions in unused or unobligated funds that could be tapped for necessities.

“Every year, various agencies receive audit reports of unused or unobligated funds running in the billions that could be tapped for exigencies,” she said.

“It is adding insult to agony to be close-fisted in allocating aid for a few months and leaving our people’s woes hanging for the next administration to solve,” Poe added.

/MUF

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: assistance, Grace Poe, P500 aid, Poor families, subsidy
For feedback, complaints, or inquiries, contact us.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.



© Copyright 1997-2023 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.