Landbank releases cash grants for CCT beneficiaries’ COVID-19 aid

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MANILA, Philippines — Beneficiaries of the government’s conditional cash transfer (CCT) program will receive money over the weekend as part of the subsidies to vulnerable households during the COVID-19 quarantine.

In a statement Saturday, the state-run Land Bank of the Philippines (Landbank) said P16.35 billion in cash grants had been set aside for 3.72 million poor households under the social amelioration program of the Bayanihan to Heal as One Act covering those who may have no means to buy food, medicines and toiletries while Luzon and other parts of the country were under a month-long lockdown to contain the COVID-19 disease from spreading.

Last Friday/April 3, P6.05 billion …

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The Philippine Daily Inquirer, popularly known as the Inquirer, is an English-language newspaper in the Philippines. Founded in 1985, it is often regarded as the Philippines' newspaper of record.

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