Cash subsidy for over 1,000 sari-sari store owners in Cebu to be released on Sept. 29

cash subsidy

Prices of rice at the Ramos Public Market in Cebu City as of July 3, 2023. CDN Digital photo Nina Mae Oliverio

Premium rice prices remain at the P53 per kilo to P58 per kilo level at the Ramos Public Market on Monday, September 25, 2023. | Niña Mae Oliverio

Premium rice prices remain at P53 to P58 per kilo level at the Ramos Public Market on Monday, September 25, 2023. | Niña Mae Oliverio

CEBU CITY, Philippines — The cash subsidy for qualified sari-sari store owners affected by the new price cap under Executive Order 39 of President Ferdinand Marcos Jr. may claim them today, September 29.

The officials from the Department of Social Welfare and Development in Central Visayas (DSWD-7) announced on Tuesday that the said beneficiaries were the second target of the P15,000 cash assistance.

The first target was the micro rice retailers who had their stalls in public markets.

Based on the data provided by the Department of Trade and Industry in Central Visayas (DTI-7), there are a total of 1,103 qualified sari-sari store owners in Cebu who can receive their cash aid on Friday.

READ: Rice retailers groaning under new price caps

Of the number, 148 are from Carcar City, 22 from Minglanilla, 42 from Talisay City, 8 from City of Naga, 3 from Argao, 45 from Oslob, 341 from Balamban, 112 from Pinamungajan, 3 from Toledo City, 99 from Daanbantayan, 8 from Danao City, 2 from Catmon, 159 from Mandaue City, 10 from Cordova, 36 from Alcantara, 30 from Malabuyoc, and 35 from Moalboal.

The first simultaneous distribution of the cash subsidy which covered Region 7 was done on September 14 and 22.

DTI is also yet to finalize the list of the qualified beneficiaries in other provinces in the region.

The DTI is the agency responsible for the profiling of the qualified beneficiaries, and afterward, they would send the list to the DSWD who will be responsible for the distribution.

Since the first and second payout of the cash assistance, only 310 beneficiaries were able to receive their cash aid, so, a total of P4,650,000 was disbursed by the DSWD-7.

READ: Sari-sari store owners affected by new price ceiling in CV to receive cash aid on Sept. 29

Emma Patalinghug, chief of the promotive services division of DSWD-7 said that the unclaimed cash subsidy would be returned to the national treasury because the disbursing officers had to liquidate them.   /rcg

READ:

Rice retailer: P15,000 subsidy may not be enough to some vendors

Bongbong Marcos rejects proposal to reduce rice tariffs

Read more...