When confronted by a crisis, the Philippine government’s default response has become predictable: dole out cash. In the midst of a surge in fuel prices, it is called a fuel subsidy. When typhoons and floods strike, it becomes a cash grant. For poor households, there is the Pantawid Pamilyang Pilipino Program (4Ps). Those facing emergencies can turn to Assistance to …
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The Market Monitor Minding the Nation's Business