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Manila Bulletin devider Philippines devider National devider MB Daily News Update: PH households could gain upper-middle income status by 2024

MB Daily News Update: PH households could gain upper-middle income status by 2024

Published Jul 26, 2022 04:52 pm

The Marcos administration is aiming to raise Filipinos’ average earning to around P20,000 per month in two years, an income level that would propel the Philippines towards the much coveted upper-middle income status.

This was just one of the messages of President Ferdinand “Bongbong” Marcos Jr.’s economic and social teams which held a post-State of the Nation Address (SONA) briefing.

The controversial vape bill has lapsed into law after Marcos did not sign the measure.

And Metro Manila’s health care utilization rate remained manageable despite the growing number of Covid-19 cases, according to the OCTA Research Team.

These were among the top stories this Tuesday afternoon, July 26, 2022.

POST-SONA ECONOMIC BRIEFING 2022 – The heads of various government agencies, led by Vice President Sara Duterte (center, front row) in her capacity as Education Secretary, pose after laying down their development programs to lessen poverty during the Post-State of the National Address (SONA) economic briefing 2022 at the Philippine International Convention Center (PICC) in Pasay City on Tuesday, July 26, 2022. The event, spearheaded by the Department of Finance (DOF), was also attended by (first row, left to right) Trade and Industry Secretary Alfredo E. Pascual, Labor Secretary Bienvenido E. Laguesma, Public Works and Highways Secretary Manuel M. Bonoan, Finance Secretary Benjamin E. Diokno, Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla, National Economic Development and Development Authority (NEDA) Director General Arsenio Balisacan; (second row, left to right) Information and Communication Technology Secretary Ivan John E. Uy, Tourism Secretary Esperanza Christina Garcia Frasco, Social Welfare and Development Secretary Erwin T. Tulfo, Environment Secretary Maria Antonia Yulo Loyzaga, Budget and Management Secretary Amenah F. Pangandaman and Migrant Workers Secretary Susan ‘Toots’ Ople; and (third row, left to right) BSP Managing Director Antonio Joselito Lambino II, Transportation Undersecretary Cesar Chavez, Department of Health (DOH) Officer-in-Charge Maria Rosario Singh-Vergeire, and Budget and Management Undersecretary Margaux Salcedo, and Department of Energy (DOE) Director Mario Marasigan. (Ali Vicoy)
 
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