Philippines ‘on track’ to cut poverty significantly

Despite rosy data, poor folk still can’t feel reduction in poverty across the country. – Philippine Daily Inquirer

MANILA: Despite the political noise about poverty in the country, the government remains “on track” to attain single-digit poverty rate by 2028, Finance Undersecretary Domini Velasquez said on Saturday (Aug 17).

Despite politicians’ incredulity at poverty data released by the Philippine Statistics Authority last week, “what’s important here is that we’re on track,” said Velasquez, chief economist of the Department of Finance.