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The rice cards are intended to benefit about a third of the poorest families in the capital, according to President Gloria Macapagal Arroyo`s administration. The government on April 28, 2008, said it would separately distribute cash cards to help families in the poorest 20 of the country`s 81 provinces with quick money transfers.
The measures came as Arroyo`s administration moved to cushion the impact of skyrocketing fuel and food prices. The Philippines has been paying record prices on international markets to make up for a 10 percent domestic shortfall of rice.
Also read:size=2>Use inflation to your advantage | size=2>Taming the inflation dragon | size=2>Price rise shock
Text: AP
Images: Copyright AP. Any unauthorised reproduction is prohibited
