While stating that the Philippines has yet to achieve zero hunger, President Marcos reiterated that no Filipino will be overlooked in the government's fight against hunger and poverty. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos said this during the presentation of the signed...
House Speaker Martin Romualdez (left), President Ferdinand "Bongbong" Marcos Jr. (Speaker’s office) The administration of President Marcos is winning in its fight against poverty. Thus, said House Speaker Martin Romualdez in reaction...
(Photo by Arnold Quizol/Manila Bulletin) More Filipinos have rated themselves as “mahirap” or poor in the third quarter of 2024, based on the Social Weather Stations (SWS) survey conducted from Sept. 14 to 23. In its report released on Wednesday, Oct. 9, SWS found that 59 percent of Filipino...
ACT Teachers Party-list Rep. France Castro (PPAB) Act Teachers Party-list Rep. France Castro has advised the National Economic Development Authority (NEDA) and Philippine Statistics Authority (PSA) to create a "group chat" with relevant agencies in order to...
Speaker Martin Romualdez (Rightmost) meeting with governors (Speaker's Office) House Speaker Martin Romualdez said he will keep the lines of communication open with local leaders as he pushes for a whole-of-government approach in...
Before the pandemic, the Philippine poverty rate was only 19 percent, but scaled up to 23 percent in 2021, at the height of Covid-19. President Marcos was able to reduce it to 15.5 percent percent by 2023. Stop celebrating, though, because the Philippines has a population of 119 million, and if...
Current political issues in the Philippines are not affecting the performance of the country's economy, an official of the Department of Finance (DOF) assured the public. Finance Undersecretary Domini Velasquez said investor confidence has not waned despite the growing noise in the political arena....
A few months before reaching the midpoint of his six-year term, President Marcos ensured that the government was doing everything so every Filipino would benefit from the country's improving economy. File photos/Arnold Quizol Marcos said this after the Japan-based Rating and Investment Information,...
DAVAO CITY – The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is no longer the poorest region in the country based on the latest poverty incidence report of the Philippine Statistics Authority (PSA). TOURISTS pose for a photo at Pink Mosque in Datu Saudi Ampatuan, Maguindanao del Sur....
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...