At least 19.99 million Filipinos were considered poor in 2021 as the poverty incidence rose to 18.1 percent, the state statistics bureau said Monday. Being poor means the number of Filipinos whose …
At least 19.99 million Filipinos were considered poor in 2021 as the poverty incidence rose to 18.1 percent, the state statistics bureau said Monday.
In 2021, the National Capital Region posted the lowest poverty incidence while the BARMM registered the highest poverty incident, data showed. “The effect of the COVID-19 pandemic, including income and employment losses caused the poverty incidence to rise,” Balisacan said. President Ferdinand Bongbong Marcos’ economic goals include reducing the poverty incidence to single digit by the end of his term. His 8-point economic agenda includes job generation and poverty reduction.
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