Jauhn Etienne Villaruel

Article (news)

Katrina Domingo

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px;display:block" width="960"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1784169160629Screen Shot 2026-07-02 at 8.27.01 AM (17).jpg" style="width:960px" class="fr-fic fr-dib" width="960"/><span class="fr-inner" style="text-align:left">President Ferdinand Marcos Jr. on Thursday said that the government would disburse a new set of financial assistance for low-income Filipinos as the country braces for another oil price hike linked to fresh tensions in the Middle East. <em>PCO/Facebook/File</em></span></span></span></div><p>MANILA — President Ferdinand Marcos Jr. on Thursday said the government would disburse a new set of financial assistance for low-income Filipinos as the country braces for another oil price hike linked to fresh tensions in the Middle East.</p><div><a href="https://www.abs-cbn.com/news/world/2026/7/16/us-launches-new-iran-strikes-as-trump-threatens-wider-attacks-0914">US launches new Iran strikes as Trump threatens wider attacks</a></div><p>Some 3.5 million beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) and the Walang Gutom Program would receive a one-time P2,000 cash grant, while 1.5 million low-income workers would receive a P2,000 subsidy from July to December, Marcos said in a statement.</p><p>“Layunin ng UPLIFT Assistance na mapangalagaan ang kakayahan ng mga pamilyang Pilipino na matustusan ang kanilang pang-araw-araw na pangangailangan,” Marcos said.</p><p>“Titiyakin ng pamahalaan na maipagkaloob ang tulong na ito nang mabilis, maayos, at mas maginhawa para sa mga Pilipino sa pamamagitan ng digital na pamamaraan,” he added.</p><p>“Palalawakin din natin ang ating suporta para sa dalawa&#x27;t kalahating milyong mahihirap at yung malapit nang maging mahirap na kabahayang natutukoy sa 2024 Community-Based Monitoring System o CBMS,” Marcos also said.</p><div><br/></div><div><em>More details to follow.</em></div><div><br/></div><div><em></em><strong>RELATED VIDEO</strong></div><div><strong></strong><em><strong></strong></em></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/P_r_fbbqClk?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span></div>

<p>President Ferdinand Marcos Jr. on Thursday said the government would disburse a new set of financial assistance for low-income Filipinos as the country braces for another oil price hike linked to fresh tensions in the Middle East.</p>

President Ferdinand Marcos Jr. on Thursday said the government would disburse a new set of financial assistance for low-income Filipinos as the country braces for another oil price hike linked to fresh tensions in the Middle East.

Marcos OKs P2,000 cash aid for low-income Filipinos as Middle East tensions flare anew

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Marcos OKs P2,000 cash aid for low-income Filipinos as Middle East tensions flare anew

Katrina Domingo,

ABS-CBN News

Published July 16, 2026 10:36 AM PHT

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Updated July 16, 2026 10:38 AM PHT

Read More:

Ferdinand Marcos Jr.

UPLIFT

oil

oil price hike

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