Marcos admin’s economic managers are sure poverty rate down to 9% by 2028

Economic managers of President Ferdinand Marcos Jr.’s administration have remained confident that poverty incidence in the country can be reduced to 9 percent by the end of their term in 2028. | GabrielLaluINQ

Socioeconomic Planning Secretary Arsenio Balisacan said during a departmental meeting with the President on Tuesday that the goal of the administration to cut the poverty ratio to a single digit is possible by pushing economic growth to a higher level through the creation of quality jobs for the people.

“And those two, growths and jobs and paying attention to social protection to address shocks like typhoons and crises… to enable us to achieve faster reduction of poverty from where it is today to single digit, at nine percent actually,” he added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

inquirerdotnet /  🏆 3. in PH

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marcos meets with NEDA to tackle Philippine Development PlanPresident Ferdinand "Bongbong" Marcos Jr. on Tuesday met with officials from the National Economic Development Authority (NEDA) to discuss the Philippine Development Plan (2023-2028).
Read more »

Marcos still undecided on attending Switzerland economic forumPresident Ferdinand "Bongbong" Marcos Jr. has yet to decide if he would go to Switzerland early next year to attend the World Economic Forum.
Read more »

Peza awaits Marcos government nod for 13 economic zones - BusinessMirrorThe Philippine Economic Zone Authority (Peza) said Monday that the 13 pending economic zones it recorded as of October are expected to bring in investments amounting to more than P17 billion. Peza Officer-in-Charge Tereso O. Panga said the investment promotion agency is looking forward to having the 13 pending economic zones proclaimed by the current
Read more »

Marcos discusses economic cooperation, workers welfare with Canada's TrudeauPresident Ferdinand “Bongbong” Marcos Jr. met with Canadian Prime Minister Justin Trudeau over the weekend and discussed possible areas of partnership moving forward, the Office of the Press Secretary (OPS) said.
Read more »

Myanmar place in ASEAN was ‘contentious’ issue, says PH President MarcosASEAN members eventually agree that Myanmar stays and that junta leaders aren’t allowed in summits – but not without initial disagreements, says the Philippine president. ASEAN2022
Read more »