Poverty in the Philippines

Poverty in the Philippines 

The poverty line for 2014 marked a per capita income of 100,534 pesos a year.^]According to the data from the National Statistical Coordination Board, more than one-quarter of the population fell below the poverty line the first semester of 2014, an approximate 78 percent increase since 2013.

The country’s poverty incidence for the whole of 2015 declined to 21.6 percent from 25.2 percent in 2012 and 26.3 percent in 2009, the Philippine Statistics Authority (PSA) reported.

The decrease in poverty has been rapid and continuous, compared with broadly similar numbers in the 1980s, such as People's Republic of China (PRC), Thailand, Indonesia or Vietnam. National Economic and Development Authority (NEDA) deputy director general Rosemarie Edillon attributed this to a generally low and stable inflation, improved incomes and higher employment rates during the period.

The government planned to eradicate poverty as stated in the Philippines Development Plan 2011–2016 (PDP). The PDP for those six years are an annual economic growth of 7–8% and the achievement of the Millennium Development Goals (MDGs). Under the MDGs, Philippines committed itself to halving extreme poverty from a level of 33.1% in 1991 to 16.6% by 2015.^[4]

Source:

https://en.wikipedia.org/wiki/Poverty_in_the_Ph

https://bit.ly/2MvSvC0

Here's a video that I got from youtube about the ecoomy of Philippines:

The purpose of this blog is to increase awareness of every people in our country about poverty.Many people doesn't pay attention to our economic status,thats why it is the main source of crime.We should help to those who are in needs.I hope that our government will give attention about what is happening to help them get rid of poverty.I suggest that we need a better education and discipline to the children so they will have a better future to help the Philippines get rid of Poverty.