March 28, 2012
MANILA, Philippines – The government plans to expand a landmark poverty alleviation scheme that provides cash aid to the country’s poorest households to benefit nearly 5 million families, an official said Tuesday.
Three million households currently benefit from the Conditional Cash Transfer program, which provides monetary assistance to families under a number of conditions including that they keep their children in school.
The program is seen as a key priority for President Benigno Aquino who has proposed to set aside P34.4 billion ($800 million) for the project in the government’s 2012 budget.
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