The government’s goal to cut the country’s poverty incidence rate to 14.5 percent can be achieved if the economy rebounds considerably next year, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday.
LIFE’S A BEACH This December 2020 file photo shows residents of Manila’s impoverished Baseco Compound relaxing at Baseco Beach. The Bangko Sentral ng Pilipinas said the government’s goal to cut the country’s poverty incidence rate to 14.5 percent can be achieved if the economy rebounds next year. PHOTO BY RENE H. DILAN