President Ferdinand "Bongbong" Marcos Jr. on Monday announced his administration is overhauling the use of the Local Government Support Fund (LGSF), redirecting it toward rice aid and scholarships after years of weak utilization and questionable spending.
Speaking at a press briefing, Marcos said the fund, previously used for various local projects, will now focus on providing rice assistance to vulnerable communities and educational scholarships. He did not specify the exact amount to be redirected but emphasized the need for more targeted and efficient use of public funds.
The LGSF has faced criticism for low disbursement rates and allegations of misuse in previous years. Marcos stated the new direction aims to ensure the fund directly benefits citizens in need.
No further details on implementation timelines or budget allocations were provided during the announcement.
