State-run Land Bank of the Philippines has released P60.36 billion in unconditional cash transfers (UCTs) last year to beneficiary-households of the social mitigation program under the tax reform for acceleration and inclusion act (TRAIN). In a statement, Cecilia Borromeo, Landbank president and chief executive officer said the disbursements were from the program funds for UCT released from March ...

Source: Manila Bulletin (https://mb.com.ph/2021/04/30/landbank-releases-p60-billion-in-ucts/?utm_source=rss&utm_medium=rss&utm_campaign=landbank-releases-p60-billion-in-ucts)