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House vows to reinstate P39 billion AKAP in 2025 budget

Business Mirror LogoBusiness Mirror14h ago

House vows to reinstate P39 billion AKAP in 2025 budget - Business Mirror

Quick Summary:

THE House of Representatives is determined to reinstate the P39 billion Ayuda sa Kapos ang Kita Program (AKAP), along with additional subsistence allowances for soldiers, in the proposed 2025 General Appropriations Act, the chairman of the House Committee on Appropriations said on Friday.

Launched to assist working Filipinos with insufficient incomes, AKAP provides one-time financial aid ranging from P3,000 to P5,000 to eligible beneficiaries.

Amid concerns about AKAP’s possible discontinuation, Co reassured beneficiaries that the House contingent would fight for its preservation, highlighting its importance to 12 million low-income or near-poor families.


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Article Details

Author / Journalist: Jovee Marie N. de la Cruz

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 12:28:41 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 608 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23765522

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About Business Mirror

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 39 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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