MANILA, Dec 22 (Reuters) - The Philippines' poverty rate dropped to 22.4% or 25.24 million people in the first half of 2023, the government's statistics agency said on Friday, from 23.7% in the same ...

MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics agency ...

Despite ongoing efforts to prioritize rural-led development in the Philippines, rural poverty persists at a rate of 39.4%, significantly exceeding the national average of 26.5% and standing at more ...

Poverty in our country is neither a mystery nor an accident. It is the inevitable outcome of decades of policy choices, governance gaps and collective tolerance for inequality.

The Economic Issues series aims to make available to a broad readership of nonspecialists some of the economic research being produced on topical issues by IMF staff. The series draws mainly from IMF ...

The Philippines research cluster is anchored by the Philippines Socioeconomic Panel Survey (PSPS), a longitudinal survey of approximately 13,000 rural households in the Western Visayas region of the ...

Extreme poverty is mainly a rural phenomenon. Four of every five people below the $1.90-a-day international income poverty line lived in rural areas in 2013 (Castañeda and others, 2018). Over the last ...