October 17, 2020
The agriculture sector’s annual growth was only at 2.1% on average in 2017-2019, and its share in the economy has reached its smallest in Philippine history at 7.8% of GDP in 2019.
April 10, 2019
Research group IBON said lower reported official poverty estimates for the first semester of 2018 unfortunately do not necessarily mean that the country’s poverty situation is improving. The group observed that standard of living allowed by the official poverty line is very low and grossly underestimates the real number of poor Filipinos. Unless corrected, it […]
October 27, 2016
While welcoming the reported decrease in official poverty incidence, research group IBON said that the multi-billion peso conditional cash transfer (CCT)-driven result is no reason for complacency. The official figure hopefully reflects improved welfare among tens of millions of the poorest Filipinos, IBON said, but the signs of structural poverty from economic backwardness remain. The […]