Grim poverty data show recovery still a long way off

by The Manila Times

Aug 17, 2022 12:08 am

THE increase in poverty incidence in the Philippines due to the punishing economic effects of the Covid-19 pandemic did not come as a surprise, but the actual data released on Monday by the Philippine Statistics Authority (PSA) was nevertheless disheartening. Based on the preliminary results of the Family Income and Expenditure Survey (FIES) in 2021, which is conducted every three years, poverty incidence among Filipinos rose to 18.1 percent, up from 16.7 percent in the previous FIES in 2018.

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