How many Filipinos have been lifted out of poverty because of CCT?
The Philippines’ conditional cash transfer program (CCT) program, locally known as Pantawid Pamilya Pilipino Program, or 4Ps, is currently the world’s fourth-largest CCT program based on population coverage, according to the World Bank.
Launched in 2007, the 4Ps has one of the most comprehensive poverty targeting databases in the world today, covering 75% of the country’s population.
A World Bank study published in 2015 estimates that the program has led to a poverty reduction of 1.4 percentage points per year or 1.5 million less poor Filipinos.
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