CATBALOGAN CITY- Senior citizen beneficiaries of this city received P2,400 each during the Unconditional Cash Transfer (UCT) payout at the Samar National School covered court through the Landbank of the Philippines (LBP).
In an interview, LBP Catbalogan Branch Head Bobby Mondoy said, “It is just a one-time payment amounting to P2,400 intended for indigent senior citizens of Catbalogan.”
The unconditional cash transfer program is the tax subsidy provided under the Tax Reform for Acceleration and Inclusion (TRAIN) Law to mitigate the economic impact of the law to the poor, said Nida Aroza, city social welfare officer of Catbalogan.
Gay Nueva of the Department of Social Welfare and Development (DSWD) Field Office 8 said the DSWD downloaded P3,708,000 for the 1,548 senior citizen beneficiaries from the city.
Jaime Vargas, 75, and a resident of Barangay Pangdan, this city, happily shared that he will use the money to buy food for his family.
“It is a big help for me. I will use it to buy food and medicine,” said Milagros Gibson, 73, a regular pensioner for three years.
Other senior citizens shared common sentiments saying they will use it for food and medicine and that such amount is a great help to them.