Share this on:
 E-mail
7
VIEWS
0
COMMENTS
 
SHARES
About this iReport
  • Not verified by CNN

  • Click to view omeroscar's profile
    Posted July 28, 2014 by
    omeroscar
    Location
    Manila

    More from omeroscar

    Phl to intensify poverty reduction program

     
    PHILIPPINE President Benigno Aquino III has vowed to intensify his administration’s poverty reduction program to lift the remaining 24.9 percent of the population out of poverty, especially with the implementation of the expanded conditional cash transfer (CCT) program this month.
    Poverty reduction was among the key issues discussed by President Aquino in his 5th State of the Nation Address at the Batasang Pambansa in Quezon City on Monday.
    Aquino said the P12.3-billion expanded CCT program aims to cover beneficiaries and help their children, aged up to 18 years old, complete their secondary education to give them better job opportunities.
    Poverty incidence in the country has decreased by at least three percentage points in the past two years, according to the National Economic Development Authority, from 27.9 percent during the first quarter of 2012 to 24.9 percent in the same period of 2013.
    President Aquino attributed this drop to the CCT program, which is implemented by the Department of Social Welfare and Development, saying that his government will continue investing on its people through this particular measure.
    He said that a sound fiscal management carried out by his administration, beginning with the timely submission of the national budget that only focuses on the needs of the people every year, also helped the government achieve this goal.
    The CCT, otherwise known as “Pantawid Pamilyang Pilipino Program”, currently operates in 79 provinces, covering 1,484 municipalities and 143 cities in all 17 regions nationwide. It has 4,090,667 registered households nationwide as of last June 25.

    What do you think of this story?

    Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
    Be and editor! Choose an option below:
      Awesome! Put this on TV! Almost! Needs work. This submission violates iReport's community guidelines.

    Comments

    Log in to comment

    iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

    Add your Story Add your Story