Budget Watch

DBM releases P10.89 billion for Metro Manila cash aid

Aika Rey
DBM releases P10.89 billion for Metro Manila cash aid

AYUDA. Social workers go house-to-house to distribute the emergency fund assistance or 'ayuda' from the national government to beneficiaries from Barangay Kanluran and Barangay Malusak in Sta. Rosa City, Laguna, during the lockdown from end-March to mid-April 2021.

Rappler

The cash aid for Laguna is not yet included in the latest release

The Department of Budget and Management (DBM) on Friday, August 6, released the P10.89-billion funds for cash aid to locked down Metro Manila residents.

DBM Officer-in-Charge and Undersecretary Tina Canda told Rappler the amount covers Metro Manila, benefitting 10.89 million Filipinos. The assistance amounts to P1,000 per individual or up to P4,000 per family.

The cash aid for Laguna, which returns to lockdown on Friday as well, is not yet included. Canda said the DBM has yet to receive how much exactly would be needed for the financial assistance to the province’s residents.

Cash aid funds for Iloilo City and Cagayan de Oro City have already been released to the Department of Social Welfare and Development (DSWD) when these cities went into enhanced community quarantine in mid-July.

The amount released was sourced from Administrative Order No. 41, which pooled savings or unobligated allotments in 2020.

It was released to the Bureau of Treasury and would be directly downloaded to the local governments through their respective authorized government servicing banks.

Earlier, DBM had said that the fund would be released to the DSWD by Thursday, August 5. There were last-minute changes, particularly concerning the speed of cash aid disbursement, hence the decision to let the local government units disburse the funds on their own.

Metropolitan Manila Development Authority Chairman Benjamin Abalos previously recommended physical distribution of the financial assistance.

The DSWD and the interior department will monitor the cash aid distribution, DBM said. – Rappler.com

Aika Rey

Aika Rey is a business reporter for Rappler. She covered the Senate of the Philippines before fully diving into numbers and companies. Got tips? Find her on Twitter at @reyaika or shoot her an email at aika.rey@rappler.com.