Saturday, October 04, 2003
Poverty is on the rise in the Philippines
The government is using a ridiculously low poverty threshold (about half a euro per person per day) and is revising its poverty assessment methodology more often than its poverty reduction strategies (if any) and yet the trend is clear: poverty in the Philippines is rising. Currently, more than one third of the population or 26.5 million Filipinos are considered poor by the government agencies, 2.5 million more than in 1997. The news came out in the Philippine Daily Inquirer based on a factsheet from the National Statistical Coordination Board.
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