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PNA file photo MANILA - The chairperson of the House Ways and Means Committee on Wednesday urged the government to expedite the promised relief, including the targeted cash subsidies of PHP500 for low-income families, to help them cope with rising prices of goods and oil prices. In a statement, Albay Representative Joey Salceda said the inflation rate for March at 4 percent is still cause for government action to provide relief to the poorest households, even as "the rate turned out to be still within the target range." "It's at the cusp of breaking the target range, so it should definitely be treated as a trigger for more government action to provide relief," Salceda said. He said the House of Representatives is ready to provide the necessary appropriations cover, or the necessary policy support. "I also anticipate second-round effects to set in in other commodities, although as oil prices have begun to stabilize, I am cautiously hopeful that inflation wil

Pantawid pasadaBangko sentralKarl kendrick chuaJoey salcedaDepartment of sciencePhilippine statistics authorityMeans committee onHouse waysMeans committeeAlbay representative joey salcedaPna file photo manila the chairperson of house ways and means committee on wednesday urged government to expedite promised reliefNcluding the targeted cash subsidies of php500 for low income familiesO help them cope with rising prices of goods and oil ina statementLbay representative joey salceda said the inflation rate for march at 4 percent is still cause government action to provide relief poorest householdsVen as quot the rate turned out to be still within target range it 39s at cusp of breakingO it should definitely be treated asa trigger for more government action to provide relief