NEDA’s P10K mistake

Ben D. Kritz

THE National Economic Development Authority’s (NEDA) statement this past week that suggested a family of five can live on an income of P10,000 per month made the agency the target of a barrage of derision, almost all of it squarely on target. It was an uncharacteristically stupid move on the part of a usually reliable government agency, and its attempts to walk back its statement when the public erupted in incredulity only made things worse.