THE Marcos administration is confident it can bring down the poverty rate to 9 percent by 2028, Malacañang said Thursday.

Citing a statement from National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan, Presidential Communications Secretary Cheloy Garafil said the government "remains focused on its priority to reduce poverty incidence among Filipinos to 9 percent by the time President Ferdinand Marcos Jr. steps down in 2028 through various strategies and whole-of-society approach." In the latest Social Weather Stations (SWS) survey, nearly half of Filipino families rated themselves as poor during the third quarter of the year.

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