Stories tagged
‘conditional cash transfer program’

CCT debt trap? Future
of pro-poor deal a poser

IT HAS been described as an “investment in the next generation,” with its supposed results of millions of healthier, better educated Filipinos not expected to be realized anytime soon. But the Conditional Cash Transfer (CCT) program is also an investment that is drawing a substantial chunk of its capital from foreign loans, a fact that has many observers raising red flags.

“The poor of the future will be the ones who will carry the burden of paying off this debt,” says Freedom from Debt Coalition Executive Director Milo Tanchuling, who believes it would be better if the CCT relied on locally sourced funds. That the government is also vague about alternative funding prospects for the program has only made those like Tanchuling uneasy – and wondering if it’s an initiative that is sustainable.

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Good news and bad

FIRST, THE good news: According to Ateneo’s Institute of Philippine Culture (IPC), the Conditional Cash Transfer (CCT) Program’s cash grants and the conditionalities have kept students in schools and brought children and pregnant women for regular check-ups at health centers. Also see: Deficit in education, health services weighs down CCT CCT beneficiary-families are also very […]

Deficit in education, health
services weighs down CCT

SOCIAL WATCH Co-Convener Marivic Raquiza considers it “very one-sided” that the government monitors compliance by beneficiaries – the so-called demand side – of the Conditional Cash Transfer (CCT) program, but not the supply side, which the national and local government should take care of.

After all, a lack in the latter would make it harder for the beneficiaries to comply with the conditions tied to their cash grants and for the government’s stop-gap poverty alleviation program to meet its goals.

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A posse of Pantawids

THE straight and narrow path, or “matuwid na daan” in Filipino, is where President Benigno Simeon ‘Noynoy’ C. Aquino III says he wishes all Filipinos would tread. And perhaps to prove that he’s not all talk and no action, Aquino has splurged billions of pesos on many “pantawid” (“tide over” in English) programs that all involve cash subsidies for the poor.

The biggest of these “pantawid” initiatives, of course, is the Conditional Cash Transfer (CCT) or the Pantawid Pamilyang Pilipino Program (4Ps) that has been allotted P21 billion in the 2011 General Appropriations Act (GAA), and a substantial part of it funded with loans from the World Bank and the Asian Development Bank.

Hype & rush mask
gaps in CCT rollout

SHE HAD neither bought a lotto ticket nor joined a TV game show. But Marissa felt like she won the jackpot anyway late last year, when her family was chosen as one of the recipients of the government’s Conditional Cash Transfer (CCT) Program.

After all, it meant her family would be receiving P800 a month, and while that has since proved inadequate to sustain her brood of four, whatever cash she can lay her hands on is welcome, especially now that her husband, a returnee from suddenly protest-prone Saudi Arabia, has been jobless for the last two months.