In a bid to cushion the effects of global inflation, Malacañang said the Marcos administration would be providing around P206.5 billion in subsidies and cash support under the proposed 2023 national budget.
In a bid to cushion the effects of global inflation, Malacañang said the Marcos administration would be providing around P206.5 billion in subsidies and cash support under the proposed 2023 national budget.The Palace, citing the Department of Budget and Management , said the amount is composed of cash transfers and other subsidy programs by various agencies.
About P22.39 billion will also be provided for the implementation of the Medical Assistance to Indigent and Financially – Incapacitated Patients by the Department of Health . Another P1 billion will be provided to the Department of Agriculture for the provision of fuel assistance to corn farmers and fisherfolk.P115.6 billion for the Pantawid Pamilyang Pilipino Program P19.9 billion for Protective Services for Individuals and Families in Difficult Circumstances Meanwhile, the Universal Access to Quality Tertiary Education Program will receive P47.4 billion to subsidize higher and technical-vocational education.
According to the DBM, about P1 billion was set aside for the Covid-19 compensation package that will cover an estimated 65,293 healthcare workers and P19.0 billion for the public health emergency benefits and allowances of 526,727 healthcare workers.
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