Due to robust economic growth and rising real household incomes, poverty incidence (based on the lower-middle-income country poverty line of 3.65 U.S. dollars per day) is projected to decrease from 15 ...
T he number of Filipino families living in poverty has declined in 2023 compared to two years earlier, according to the results of the Philippine Statistics Authority's (PSA) Family Income and ...
MANILA, Dec. 12 (Xinhua) -- A new World Bank report released this week said that the Philippines' progress in reducing poverty will continue, leading to a drop in poverty incidence this year until ...
Amid heightened geopolitical tensions, the Philippines’ economy is expected to remain robust, growing at an average rate of 6.0 percent over 2024-2026 and sustaining poverty reduction. The Philippine ...
The think tank noted how other indicators show more Filipino families struggling to save and falling into poverty. “Credit ratings should not be overstated as any kind of measure of economic ...
In 2022, the World Risk Index ranked the Philippines as the country with the highest disaster risk. What’s more, widespread poverty is a major obstacle to children reaching their full potential; girls ...