DBM: P3 billion more released for DSWD's AICS program | Inquirer News

DBM: P3 billion more released for DSWD’s AICS program

By: - Reporter / @JMangaluzINQ
/ 09:16 AM November 20, 2023

DBM says P3 billion more released for DSWD's AICS program

INQUIRER FILE PHOTO

MANILA, Philippines — The Department of Budget and Management (DBM) on Monday said it has released an additional P3 billion for the Assistance to Individuals in Crisis Situation (AICS) program.

AICS aims to help individuals or families who experience an unexpected crisis. The Department of Social Welfare and Development is supervising its implementation.

Article continues after this advertisement

According to the DBM, the extra funds were released to cover budget deficiencies in the program.

FEATURED STORIES

“In adherence with President Ferdinand R. Marcos Jr.’s directive, we will continue to strengthen social protection measures for our kababayans, especially the marginalized and vulnerable sectors. Alam at naiintindihan po namin na malaking tulong po ang programang ito sa mga kababayan nating nangangailangan (We understand and appreciate that this program is a great help to our fellow citizens in need),” Budget Secretary Amenah Pangandaman said in a statement.

READ: DBM releases P50 million for farmers, fisherfolk businesses

Article continues after this advertisement

The DBM said Pangandaman approved the release of the Special Allotment Release Order and the Notice of Cash Allocation on November 16.

Article continues after this advertisement

“The release of additional funding is anchored on the special provision in the 2023 General Appropriations Act on the use of Unprogrammed Appropriations. The special provision states that a substantial amount shall be used to support infrastructure projects and social programs, including financial assistance to indigent individuals or families,” explained the DBM.

READ: DBM: P69.4B out for gov’t workers’ year-end bonus, cash gift

Your subscription could not be saved. Please try again.
Your subscription has been successful.

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.

TAGS: AICS, aid, Department of Budget and Management, Department of Social Welfare and Development

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

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

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.