Fewer poor Filipinos in 2023

Fewer poor Filipinos in 2023 – PSA

Jul 23, 2024 12:11 am

THE number of poor Filipinos declined last year to 15.5 percent of the population or 17.54 million people, the Philippine Statistics Authority (PSA) reported on Monday, putting the government on track to achieve single-digit poverty by 2028.

The 2023 poverty level was an improvement from the 18.1 percent posted in 2021, PSA data showed. It also beat the government target of 16.0 to 16.4 percent for 2023.

Informal settlers go about their daily routines at the urban poor community at Delpan corner Jaboneros Street in Binondo, Manila, on 23 April 2024. (PHOTO: MIKE ALQUINTO)

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