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DSWD: Nearly 5M Filipinos got help thru Akap; 99% of funds used

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Despite criticisms, the Ayuda sa Kapos ang Kita Program (Akap) was able to help almost five million near-poor Filipinos, or those under lower middle-income status, the Department of Social Welfare and Development (DSWD) said on Thursday.
The Department of Social Welfare and Development (DSWD) in the Philippines has reported that nearly 5 million Filipinos have benefited from the Ayuda sa Kapos ang Kita Program (AKAP), with 99% of the allocated funds being utilized. Launched in February 2024, AKAP aims to provide financial assistance to low-income families, offering P5,000 to each eligible household. The program has been instrumental in alleviating economic pressures on the poor, with DSWD Secretary Rex Gatchalian highlighting its success in reaching a significant portion of the intended beneficiaries. The initiative reflects the government's commitment to supporting vulnerable populations amidst economic challenges.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/politics/government/dswd-nearly-5m-filipinos-got-help-thru-akap-99-of-funds-used/ar-AA1wQ9es ]