President Marcos has vowed to invest in job-generating infrastructure and social protection programs to further lower the country's poverty rate to nine percent by 2028 after reporting that the poverty rate dropped to 15.5 percent last year. In a video message late Friday, Aug. 9, Marcos noted that...
President Marcos’ chief economic manager is confident that the country can uplift approximately 2.5 million poor Filipinos annually, given sustained economic growth of at least six percent bolstered by government borrowings. Finance Secretary Ralph G. Recto is optimistic about achieving a...
President Marcos’ chief economic manager stated that achieving single-digit poverty incidence among Filipinos may happen sooner than expected. Finance Secretary Ralph G. Recto said last year's poverty rate, which better the target, was "very encouraging," given that it is also lower than...
President Marcos was proud when he said that the Philippines was able to weather the different challenges it faced, especially economic challenges. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/MANILA BULLETIN) Marcos said this as he delivered his third State of the Nation Address (SONA)...
The Philippine Statistics Authority (PSA) reported an improvement in the country's poverty incidence last year, in line with the government's goal of reducing it to single digits by 2028. Based on the preliminary findings of the 2023 Family Income and Expenditure Survey (FIES), the poverty...
The Department of Social Welfare and Development (DSWD) reiterated on Friday, July 19th, its commitment to enhance the lives and welfare of every Filipino through investments in human capital, in response to the latest survey results from the Social Weather Stations (SWS), which showed a...
House Speaker Martin Romualdez (Speaker’s office) The Marcos administration’s all-encompassing service caravan--the Bagong Pilipinas Serbisyo Fair (BPSF)--has helped mitigate poverty and hunger among Filipinos, says House Speaker...
The Department of Social Welfare and Development (DSWD) on Tuesday, April 23 welcomed the latest results of the OCTA Research “Tugon ng Masa” survey, which showed a decline in self-rated poverty and hunger in the first quarter of 2024. DSWD Assistant Secretary for Disaster Response Management...
(Arnold Quizol/Manila Bulletin) Fewer Filipinos experienced poverty and hunger in the first quarter of 2024, based on the OCTA Research survey results released on Tuesday, April 23. The survey, which was conducted from March 11 to 14, with 1,200 respondents nationwide, found that 42 percent, or an...
President Marcos has directed all government agencies to support efforts mitigating hunger and promoting proper nutrition in the country. President Ferdinand 'Bongbong' Marcos Jr. Through Memorandum Circular No. 47 signed by Executive Secretary Lucas Bersamin on April 19, Marcos...
The Philippines may attain a single-digit poverty rate sooner than the target set by the Marcos administration, the Department of Finance (DOF) said. In a statement, Finance Secretary Ralph G. Recto said the country might reach a poverty rate of 9.3 percent by 2026, two years earlier than the...
The National Anti-Poverty Commission (NAPC), on Monday, March 18, said it is pushing for a wage recovery in the country to help workers keep up with rising living costs and boost the economy. Photo from NAPC "We are convincing the government to agree to the wage recovery from P610 to add P150...