The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics agency said on Thursday.

By Philip Gerson - Past economic policies that hampered growth, and the resistance of powerful elites to much-needed reforms, were largely responsible for the high incidence and persistence of poverty ...

Unequal distribution of hospitals, health centers, and educational institutions across subnational regions/provinces further worsens poverty and inequality. One bright note is that the Philippines is ...

There are 19.99 million Filipinos living below the poverty line. The government estimates that a family of five needs an additional P2,719 per month to move out of poverty. MANILA, Philippines ...

MANILA, Philippines – There are less poor Filipinos in the first half of 2023 as compared to 2021 figures, the Philippine Statistics Authority (PSA) reported on Friday, December 22.

The Philippines' poverty rate dropped to 22.4% or 25.24 million people in the first half of 2023, the government's statistics agency said on Friday, from 23.7% in the same period in 2021.

Rice prices have soared in the Philippines in recent months. The dietary staple, which accounts for over 20 percent of the food budget of poor families, has become increasingly unaffordable.

The Philippine Statistics Authority says that nearly 1 in 5 Filipinos are living below the poverty line – but the real number could be a lot higher.

MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics ...

Poverty and Economic Policy in the Philippines Philip Gerson Past economic policies that hampered growth, and the resistance of powerful elites to much-needed reforms, were largely responsible for the ...