, News, Communication Management Office
Framing the issue of widespread financial exclusion or poverty in the Philippines as an inter-generational issue, former Deputy Manager of the DSWD’s Conditional Cash Transfer (CCT) program Mr. Wadel Cabrera III explained the general design and impact to date of the government’s current lead poverty alleviation intervention program—the Pantawid Pamilyang Pilipino Program, popularly known as the 4Ps.
An experienced social development worker armed with a Master in Public Management from the Ateneo School of Governance, Mr. Cabrera made his presentation as main resource person in the webinar entitled “Battling Widespread Poverty in the Philippines: Promoting Financial Inclusion through 4P’s” billed as the PUP PUNDIT or the PUP Diversity and Inclusion Talks, a series of online lecture discussions organized by the Center for Inclusivity and Diversity (CID) on January 29, 2022 via Zoom.
In a videotaped inspirational message especially made for the webinar, Vice President Robredo mentioned the need to expand the 4Ps program as part of her plan of action to grow the post-pandemic Philippine economy.
Among others, Mr. Cabrera’s presentation showed that the 4Ps has already reached over 92% of the country’s total number of Barangays, which is more than 42,000. A notable fact on inclusivity that could be underscored from the presentation is the fact that most household-beneficiaries of the 4Ps are headed by women.
Wrapping up his presentation, Mr. Cabrera noted how Philippine poverty incidence was at its worst in contemporary history at the time Marcos and his family were kicked out of Malacañang in 1986. The Poverty incidence then was at 49.5%, meaning, half of the total population then was mired in poverty based on standards set by government itself in consonance with international development standards; and, that the incidence rate has been improving since then.
As part of a panel of reactors for the discussion, distinguished PUP faculty members Dr. Hilda San Gabriel, Asst. Prof. Rose Roque, and Assoc. Prof. Rimando Felicia, pointed out the need to see the 4Ps as just a stop-gap measure and that other equally important intervention programs are needed to uplift and sustain the economic growth of the country.
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