Monday, July 21, 2008
More than 900,000 lifeline users get subsidy (9:53 a.m.)
MANILA -- The Department of Social Welfare and Development (DSWD) reported to Malacaņang that about 1.756 lifeline residents nationwide have already benefited from the P2-billion subsidy funds from the excess value added tax earnings during the first quarter of the year.
Executive Secretary Eduardo Ermita said the DSWD, in cooperation with Land Bank of the Philippines, has already released and distributed a total of P4.58 million to about 916,444 lifeline consumers of the Manila Electric Company (Meralco).
The DSWD, in its report, said these lifeline users, or those who consume electricity of 100 kilowatts or less, which amounts to P800 or less, belong to residents from Metro Manila, and Regions 3 (Central Luzon) and 4-A (Calabarzon).
The "Katas ng VAT: Pantawid Kuryente" has also benefited 840,131 lifeline users serviced by electric cooperatives under the National Electrification Administration, which amounts to P420 million. (JMR/Sunnex) |
