Tag: PSA

Slower economy affirms undue hype over credit rating upgrade

May 9, 2019

Sign of unsound economy Slower gross domestic product (GDP) growth during the first quarter of 2019 belies any claim of a healthy Philippine economy. Research group IBON stressed that the Duterte administration’s enthusiasm over the recent credit rating upgrade that the country got is unwarranted. Instead of hailing business-biased programs, government should look to more […]

Family living wage for a family of five members in NCR

April 14, 2019

“The choice of official poverty lines is a political one. Setting a high standard indicates the government having a high level of ambition for poverty eradication. Government, however has chosen to set a low standard – in this case, the Php10,481 per month or Php69.87 per day poverty threshold – which results in tens of […]

Lower official poverty estimates don’t mean less poor Filipinos — IBON

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 […]

2015 poverty results no reason for complacency–IBON

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 […]

Aquino gov’t borrowing billions for failed anti-poverty program

March 22, 2016

#BeyondElections2016 | The Aquino administration is borrowing more for an anti-poverty program of dubious anti-poverty impact, said research group IBON. Despite billions of pesos spent on the Pantawid Pamilyang Pilipino Program (4Ps) since 2011, poverty remains widespread and the program is failing even on its health-related conditionalities. The Asian Development Bank (ADB) and World Bank in […]