Malacañang on Sunday expressed elation over the World Bank’s approval of a $450 million funding for the government’s flagship anti-poverty program, otherwise known as the conditional cash transfer (CCT) program that benefits more than 4 million poor Filipino families.

In an interview over state-run Radyo ng Bayan, Palace Communications Secretary Herminio Coloma Jr. said the WB action bolstered the administration’s resolve to address poverty and attain inclusive growth for all.

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