Poverty incidence decreased in 2018 but is expected to increase due to economic factors related to the COVID-19 pandemic
MANILA, Philippines – Poverty incidence declined in the first half of President Rodrigo Duterte’s term, but experts are expecting an inevitable increase in hunger and poverty because of the COVID-19 pandemic. The Philippines will not be exempt from the effects of the health crisis, despite the decrease in poverty incidence in recent years.
The effects of the pandemic can be clearly seen in SWS’ most recent hunger survey. According to their data, the percentage of Filipinos who were involuntarily hungry in May 2020 almost doubled since December 2019 . This is the highest the number has been since September 2014 . For Leslie Lopez, assistant professor at Ateneo de Manila University’s Development Studies Program, it’s imperative that the marginalized are provided with food, money, and healthcare services, until they can get back on their feet.
When asked why Filipinos felt poorer even before the pandemic hit, Lopez said that based on her own research, it may be because of the, which took effect in January 2018. The law reduced personal income taxes but increased taxes on cars, tobacco, sugar-sweetened beverages, and fuel.
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