Speaker vows to fight for AKAP funding
The Philippine Star|November 22, 2024
Speaker Martin Romualdez vowed yesterday to fight and secure funding for the Department of Social Welfare and Development (DSWD)'s Ayuda sa Kapos ang Kita Program (AKAP) in the 2025 budget, high-lighting the program's impact on more than four million "near poor" Filipinos nationwide.
Delon Porcalla

"This initiative has proven its value by providing immediate relief to struggling households, empowering them to weather economic challenges and ensuring their resilience against inflation and other (financial) shocks," Romualdez told journalists who covered the Bagong Pilipinas Serbisyo Fair in Legazpi City, Albay.

"AKAP is not just a safety net. It is a lifeline for millions of Filipino families teetering on the edge of poverty," he stressed.

Romualdez said the AKAP, conceptualized under his leadership, has been instrumental in supporting working families with insufficient 1ncome.

The Speaker highlighted that AKAP's impact is evident in its extensive reach, with P20.7 billion of the P26.7-billion allocation already utilized, benefiting millions across all regions, including over 539,000 families in the National Capital Region (NCR) alone.

Regions like Central Luzon, Bicol and Western Visayas have also achieved significant fund utilization rates exceeding 70 percent.

Diese Geschichte stammt aus der November 22, 2024-Ausgabe von The Philippine Star.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der November 22, 2024-Ausgabe von The Philippine Star.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE PHILIPPINE STARAlle anzeigen
Moving stories of 2024
The Philippine Star

Moving stories of 2024

The year 2024 is poised to be another record year post-pandemic for the automotive industry. Sales are estimated to be around 460,000, surpassing last year's 441,000 vehicles sold.

time-read
4 Minuten  |
December 27, 2024
Philippine Luxury Residences: A Market Defined by Growth and Sustainability
The Philippine Star

Philippine Luxury Residences: A Market Defined by Growth and Sustainability

The Philippine real estate market remained robust in 2024, with the luxury residential segment emerging as a key driver of growth.

time-read
2 Minuten  |
December 27, 2024
The Philippine Star

Power Sector to See Brighter Days in 2025

Brighter days await the Philippine energy sector, with no power alerts expected in the year ahead amid intensified efforts to strengthen the country's supply, placing renewables at the forefront.

time-read
3 Minuten  |
December 27, 2024
The Philippine Star

Top 10 energy news of 2024

Here is my list of the most significant power and energy stories for 2024.

time-read
3 Minuten  |
December 27, 2024
The Philippine Star

DTI exceeds 2024 investment targets

FEARLESS FORECASTS, TOP PERFORMERS, KEY TRENDS

time-read
3 Minuten  |
December 27, 2024
SM Approaches 2025 With Cautious Optimism
The Philippine Star

SM Approaches 2025 With Cautious Optimism

The SM Group is approaching the coming year with cautious optimism, encouraged by the continued growth of the Philippine economy.

time-read
2 Minuten  |
December 27, 2024
Ahead of the curve: Top business trends for 2025
The Philippine Star

Ahead of the curve: Top business trends for 2025

Navigate the future with these emerging opportunities

time-read
3 Minuten  |
December 27, 2024
Freelancing and financial freedom: Boosting the economy one project at a time
The Philippine Star

Freelancing and financial freedom: Boosting the economy one project at a time

The gig economy in the Philippines is a rising giant

time-read
2 Minuten  |
December 27, 2024
Shop wherever, whenever: The future is e-commerce
The Philippine Star

Shop wherever, whenever: The future is e-commerce

The industry shows tremendous growth in the Philippines

time-read
2 Minuten  |
December 27, 2024
AI for MSMEs: Looking through changes toward progress
The Philippine Star

AI for MSMEs: Looking through changes toward progress

For smaller businesses, AI poses both opportunities and risks

time-read
2 Minuten  |
December 27, 2024