P5B more released for 4Ps

P5B more released for 4Ps

THE DEPARTMENT of Budget and Management (DBM) on Tuesday said about P5 billion from last year’s budget would be released for the government’s conditional cash transfer program.

In a statement, the agency said the fund seeks to help ease the effects of rising prices on more than 700,000 households under the Pantawid Pamilyang Pilipino Program (4Ps).

“The DBM will do its part to streamline budget processes so that our citizens benefit from faster and more efficient delivery of essential services such as our 4Ps,” Budget Secretary Amenah F. Pangandaman said in the statement. — BMDC