Poverty Reduction Program in the Philippines

Malacanang expressed elation over the success of the Pantawid Pamilyang Pilipino Program (4Ps) of the government which aims to provide financial assistance to the underprivileged Filipinos, especially in the far-flung areas of the country, through the Department of Social Welfare and Development (DSWD).

In an interview over government-run radio station dzRB Radyo ng Bayan on Sunday, Presidential Deputy Spokesperson Abigail Valte said that the DSWD has been successful in meeting its target to help at least one million Filipino people through its conditional cash transfer (CCT) program.

“We are very glad that the DSWD has achieved its goal of reaching out to one million beneficiaries for 2010 under their 4Ps program, also known as the conditional cash transfer program,” Valte said.

Valte noted that Social Welfare and Development Secretary Corazon “Dinky” Soliman has been conducting sorties in several areas of the country to achieve the CCT coverage of 2.3 million Filipinos next year.

The CCT is part of the government’s efforts to meet the targets set forth in the Millennium Development Goals before the year 2015.

The 4Ps is a social assistance and social development program of the government aimed at breaking the intergenerational cycle of poverty by providing families with cash grants to improve their health and education needs. (PNA)

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