WebSep 10, 2024 · However, due to the pandemic, the poverty rate increased to 18.3 percent covering 20 million of the country’s population. This year, poverty incidence is expected to decline to 17.5 percent or 19 million poor Filipinos. “It is declining but we want it [to decline] faster,” Chua said. Web19 hours ago · The government aims to reduce poverty to 9 percent by 2028 from the 18.1 percent recorded in the 2024 poverty data released by the PSA. This meant that in 2024, some 19.99 million Filipinos lived ...
Neda: Fight vs inflation vital in cutting poverty incidence
WebNov 20, 2024 · The Philippines has a fairly high poverty rate with more than 16% of the population living below the poverty line. Because of the many people reliant on agriculture for an income and inequality in wealth distribution, about 17.6 million Filipinos struggle to afford basic necessities. WebDec 17, 2024 · Poverty incidence in the Philippines rose to 23.7% in the first half of the year from 21.1% in the same period in 2024, economic officials said, which translated to … table clocl
Making Sense of the Philippines’ Latest Poverty Statistics
WebApr 5, 2024 · As the health and socioeconomic crises wrought by COVID-19 reversed pre-pandemic poverty-reduction gains, Duterte’s economic team last year adjusted the 2024 poverty rate under the Updated 2024-2024 Philippine Development Plan (PDP) to 15 to 17.5 percent from the more ambitious 13 to 15 percent at the start of this administration. WebOct 17, 2024 · MANILA -- Poverty incidence in the Philippines is expected to fall below 20 percent in 2024 and further decline until 2024, a year before President Rodrigo Duterte's … WebBased on the 2024 Annual Poverty Indicators Survey (APIS), about nine percent of the estimated 39.2 million Filipinos aged 6 to 24 years old were out-of-school children … table cloth 42 x 66