The National Anti-Poverty Commission (NAPC) on Monday, February 19, acknowledged the progress in the country's employment rate but stressed the need for continued efforts to recover from pandemic losses. Photo from NAPC When asked how is the country’s employment rate going, Danilo Laserna,...
(Photo by Arnold Quizol/Manila Bulletin) Around 45 percent of Filipinos or 11.9 million households considered themselves poor in the 4th quarter of 2023, based on the “Tugon ng Masa” (TNM) survey conducted by the OCTA Research. The survey, which took place from Dec. 10 to 14, 2023, interviewed...
The National Anti-Poverty Commission (NAPC) urged local governments to establish economic zones to attract investments and create jobs to reduce poverty in the Philippines. Photo from NAPC "We urge the local government to have economic zones to welcome investments coming into their...
Presidential Adviser on Poverty Alleviation Secretary Larry Gadon believes that energy security is key to the country’s economic development as he begins working with foreign investors on the possibility of bridging the Philippines’ gaps in power capacity. Secretary Larry Gadon (PTV screenshot)...
The country saw its lowest inflation rate of the year in December, but unfortunately, low-income Filipino families did not reap the benefits of this downturn, data from the Philippine Statistics Authority (PSA) showed. The PSA's data revealed that the inflation rate for the poorest 30 percent of...
The National Economic and Development Authority (NEDA) has estimated that over seven million Filipinos could have escaped poverty if inflation had remained within the government's target over the last two years. NEDA Secretary Arsenio M. Balisacan said that the high inflation rate, which averaged...
President Ferdinand "Bongbong" Marcos Jr. (left), House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has reiterated the Marcos administration’s true target for poverty alleviation in the country--that is, a...
The Administration of President Marcos has renewed its commitment to further bring down the poverty rate in the country as it welcomed reports of a decline in poverty incidence in the first semester of the year. File photo The Presidential Communications Office (PCO) said this after the Philippine...
Over 25 million Filipinos were struggling to meet their basic needs, including food, due to insufficient income, the Philippine Statistics Authority (PSA) reported on Friday, Dec. 22. The PSA's preliminary 2023 First Semester Official Poverty Statistics showed that about 22.4 percent of the...
CAGAYAN DE ORO CITY – Local government units (LGUs) in Northern Mindanao must ensure basic infrastructure to be able to encourage more investors, as creating more jobs and quality jobs for the people is needed to reduce the poverty incidence in the region, the National Economic and Development...
National Anti-Poverty Commission (NAPC) Secretary Lope Santos III said the government is hoping to bring the country's poverty rate down to a single digit by 2028. Speaking at the Department of Social Welfare and Development's (DSWD) Weekly Media Forum on Thursday, Nov. 30, Santos said to achieve...
Sen. Cynthia Villar cited the laudable achievements of cooperatives in boosting local economic development during the opening of the Coopreneurs Avenue Bazaar 2023 in Vistamall Taguig. (Photo from Sen. Cynthia Villar's Facebook page) "No cash prize can ever sufficiently reward the very...
