Unconditional Cash Transfer Program (UCT)
UCT is a mitigating measure for the expected increase in the prices of certain commodities due to the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. UCT will cover 10 million poor households. These households will receive PhP 200/month in 2018, and Php 300/month in 2019 and 2020. The program seeks to provide cash grants to poor households and individuals who may not benefit from the lower income tax rates but may be adversely affected by rising prices.
UCT corresponds to SDG 1, target 1.1 – by 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.25 a day; target 1.2 – by 2030, reduce at least by half the proportion of men, women, and children of all ages living in poverty in all its dimensions according to national definitions; and target 1.3 – implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable.