Marcos directs DSWD, NEDA, PSA to index cash aid for inflation

President Ferdinand Marcos Jr. has directed the Department of Social Welfare and Development (DSWD), the National Economic and Development Authority (NEDA), and the Philippine Statistics Authority (PSA) to protect the value of cash aid from rising inflation.

During a recent meeting, President Marcos emphasized that indexing social grants is an immediate priority to ensure they remain effective against inflation shocks.

The DSWD, in collaboration with NEDA and PSA, is working on adjustments to the Pantawid Pamilyang Pilipino Program (4Ps) to protect beneficiaries from inflationary impacts.

DSWD Secretary Rex Gatchalian stated that the agency aims to make 4Ps grants timely, responsive, and appropriate for people's needs, ensuring they are not affected by rising prices.

The DSWD also plans to meet with officials to amend Republic Act No. 11310 or the 4Ps Law, which currently supports around 4.4 million beneficiaries nationwide.

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