Business · Philippines Bureau
Street vendors in Manila to receive aid package ahead of Asean Summit
The Philippine government will provide P10,000 in cash assistance and food packages to vendors whose businesses face temporary closure due to security measures for next week's Asean Summit in the capital.
LSN Philippines ·
MANILA—The Department of Social Welfare and Development announced Thursday that street vendors in Pasay and Paranaque will receive financial support as security preparations for the regional summit take effect.
Vendors whose stalls must be temporarily shuttered as part of the security measures will each receive P10,000 in direct cash assistance along with family food packs, the department said in a statement. Social Welfare Secretary Rex Gatchalian pledged to ensure affected vendors receive the aid package promptly.
The Asean Summit, scheduled for the following week, will require heightened security across key areas of Metro Manila, necessitating the temporary closure of certain commercial activities in the affected cities. The assistance aims to mitigate the economic impact on informal sector workers who depend on daily street vending for their livelihoods.
The DSWD did not specify the exact number of vendors expected to be affected by the security measures or provide additional details on the distribution timeline for the assistance package.