DBM Releases over P7.68 B for Targeted Cash Transfer Program of DSWD; Over 7 Million to benefit

JG May 18, 2023

Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved on 16 May 2023 the release of Special Allotment Release Orders (SARO) with a total amount of P7,684,844,352 to fund the Targeted Cash Transfer (TCT) Program of the Department of Social Welfare and Development (DSWD).

Some 7,597,546 beneficiaries are expected to benefit from the TCT.