Manila - Philippine President Gloria Macapagal Arroyo on Tuesday announced a fresh 4-billion-peso (88.88-million-dollar) subsidy programme to help poor Filipinos cope with higher prices.
Arroyo said 1 billion pesos would help poor consumers pay their electricity bills while another 1 billion pesos would be used to fund microfinancing projects for wives of public transport workers.
The rest of the money would finance the upgrade of government hospitals to accommodate more indigent patients, a programme for senior citizens and the rehabilitation of typhoon-devastated areas, she said.
"We will continue to provide funds to help sectors who are severely affected by the rising oil prices," Arroyo said at a cabinet meeting where she ordered the allocation of the funds.
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