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(Eagle News)–Over 40% of Filipino families feel they are poor, results of a December Social Weather Stations survey showed. According to the SWS, the 47% translates to 13.0 million families, slightly lower than the 13.2 million families who rated themselves as poor in September 2023 (48%). The SWS said to arrive at the estimated numbers of self-rated poor households, the percentage of respondent households rating themselves as poor was applied to the Philippine Statistics Authority […]
Poverty incidence in 2021 higher compared to 2018, but lower to figures in 2015 (Eagle News) – At least 19.99 million Filipinos lived below the poverty line in 2021, the Philippine Statistics Authority said. The PSA said that the poverty incidence among the Filipino population has risen to 18.1 percent last year compared to the 2021 figure of 16.7 percent. It was however lower compared to the 23.5 percent poverty incidence in 2015. “This translates […]
MANILA, Nov. 23 – Finance Secretary Carlos Dominguez III said that congressional approval of the proposed tax reform program would help the Duterte administration realize its vision of reducing the poverty level to just 14 percent and free six million Filipinos from the shackles of poverty over the next six years. Dominguez said the Philippines is now at a “critical juncture” where it can either choose the old and easier path of sustaining high growth […]
QUEZON City, Philippines – The government’s anti-poverty measures are bearing fruit. According to the latest study of the Philippine Statistics Authority, there are fewer poor Filipinos in 2015. There is a 21.6% poverty incidence last year, lower by 4.7% compared to the poverty threshold in 2009. The percentage surpassed the government’s target for 2015.
According to the latest survey of the Social Weather Station (SWS), 11.2 million Filipino families consider themselves poor. In addition, 7.4 million of said families worry about where they will get their next meal. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos) https://youtu.be/OlsOI0WeFVg
