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The second Marcos administration must really work double-time if it really wants to bring down the poverty level
If we’re not mistaken, the Philippine Development Plan for 2028 seeks a reduction in the over-all poverty rate to single digit level by the end of the Marcos term four-and-a-half years from now.The survey showed that 25 percent said they were not poor, and 27 percent rated placed themselves on the borderline.
The SWS explained that based on past surveys, self-rated poverty is significantly affected by factors like the family’s experience of involuntary hunger, presence of jobless household members, and high inflation rate. “Food represents abut half of expenditures of the average Filipino. So if food prices increase, you feel poorer because you can only buy so much from your income,” he was quoted in a news report, adding the survey results are an indication the country’s economic growth is not inclusive.
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