Gov’t claims 5.9M Filipinos rose from poverty from 2015 to 2018

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Socioeconomic Planning Undersecretary Adoracion M. Navarro said 5.9 million Filipinos had been lifted out of poverty between 2015 and 2018.

Navarro, officer-in-charge of the National Economic and Development Authority , said average poverty reduction rate was 2.23 percentage points per annum which puts the Duterte administration “not only on track to meet our PDP target,” referring to the Philippine Development Plan of 2017-2022.

The government, he added, was also on track of “cutting by half the proportion of the population living below the national poverty line by 2030.” Mapa said the poverty threshold was adjusted to more than P10,000 per family of five from P9.452 in 2018 as a result of high inflation.“But when you look at reduction in poverty, you also have to look at the income side,” Mapa said.

Edillon said more and more jobs were being created, which was the explanation for the 14-year low unemployment and underemployment rate recorded last October.

 

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