THE administration of President Ferdinand R. Marcos Jr. will be providing around P206.50 billion in subsidies and cash support, or “ayuda,” under the proposed 2023 budget in a bid to support vulnerable sectors amid surging commodity prices brought about by global inflation.
According to the Department of Budget and Management (DBM), the amount is composed of cash transfers and other subsidy programs by various agencies.
The Department of Social Welfare and Development (DSWD) will get a big chunk of the budget, with PHP 165.40 billion to be allocated for the implementation of various social assistance programs.
About PHP22.39 billion will also be provided for the implementation of the Medical Assistance to Indigent and Financially – Incapacitated Patients (MAIFIP) by the Department of Health (DOH).
The TUPAD Program of the Department of Labor and Employment (DOLE) will be provided with PHP 14.9 billion for next year, while PHP 2.5 billion will be provided to the Department of Transportation (DOTr) for the provision of fuel subsidies to the transport sector.
Another PHP 1 billion will be provided to the Department of Agriculture (DA) for the provision of fuel assistance to corn farmers and fisherfolk.
Other budget allocations in specific programs under the 2023 National Expenditure Program include PHP115.6 billion for the Pantawid Pamilyang Pilipino Program (4Ps); PHP 25.3 billion for Social Pension for Indigent Senior Citizens (SPISC); PHP19.9 billion for Protective Services for Individuals and Families in Difficult Circumstances (PSIFDC); and PHP4.4 billion for Sustainable Livelihood Program (SLP).
Education budget, COVID-19 aid.
