Monday, February 10, 2020

Poverty alleviation, Duterte is succeeding

OPINION: The 2018 poverty statistics are out. There were dramatic strides never seen before in decades: national poverty incidence fell to 16.6 percent in 2018 from 23.3 percent in 2015. In effect, the number of poor people went down by 5.9 million to 17.7 million in 2018 from 23.5 million in 2015. This despite higher inflation in the second half of 2018. The poverty incidence declined by 2.2 percent per year. This level was already achieved by Vietnam in 2000s.

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