Poverty level in Phl unchanged since ’06
Poverty level in Phl unchanged since ’06
MANILA, Philippines – The percentage of Filipinos living below the poverty line has remained almost unchanged in the past six years, according to the latest poverty data released by the National Statistical Coordination Board (NSCB) yesterday.
The recorded poverty incidence for the first half of 2012 was 27.9 percent, slightly less than the 28.8 percent recorded in the first half of 2006, and 28.6 percent in the first half of 2009 and 2011.
The NSCB report on the 2012 first semester state of poverty in the Philippines showed that a family of five can be considered extremely poor if it is earning P5,458 a month or just enough to put food on the table.
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