Connect with us

Business and Economy

Economic team to address rising poverty cases in PH: Palace

Published

on

In an interview with dzIQ, Presidential Spokesperson Salvador Panelo said the Palace was confident that the country’s economic managers can introduce anti-poverty measures aimed at helping poor Filipino families. (File Photo: Brian Evans/Flickr, CC BY-ND 2.0)

MANILA – President Rodrigo Duterte’s economic team is competent enough to push for programs and policies that would lift more Filipinos out of poverty, Malacañang said on Sunday.

In an interview with dzIQ, Presidential Spokesperson Salvador Panelo said the Palace was confident that the country’s economic managers can introduce anti-poverty measures aimed at helping poor Filipino families.

“Marami na ring krisis na dumaan pero magaling ang economic managers natin. So siguro, alam na nila ang kanilang gagawin (We have experienced many crises but our economic managers are competent. Perhaps, they know what to do),” Panelo said.

Panelo issued the statement after Social Weather Stations’ (SWS) Dec. 13 to 16 poll revealed that the number of Filipino households who consider themselves poor in the past three months rose to 13.4 million or 54 percent from the 10.3 million or 42 percent registered in September 2019.

SWS noted that the latest number of poor Filipino families was the “highest” since the 55 percent posted in September 2014.

Panelo downplayed the poll results, stressing that poverty incidence tends to fluctuate from time to time.

‘Yung survey natin di ba there was a time na umakyat, meron naman time na bumababa so talagang nagfa-fluctuate ang sentimiyento ng mga tao, depende sa kalakaran na nakakabalot sa kanila (There was a time that survey results are either relatively high or low. So the public sentiments really fluctuate, depending on the situation),” he said.

The current administration is targeting reducing poverty incidence to 14 percent by the end of Duterte’s term in 2022.

The Palace official, nevertheless, expressed confidence that poverty rate would go down, in the event that the government implements new projects that would create more job opportunities for Filipinos.

“Marami tayong incoming projects (We have many incoming projects),” Panelo said.

“‘Pag iyan sunud-sunod na mag-umpisa na, syempre, maraming trabaho. Maraming kababayan natin na mahihirap na magkakaroon ng pagkakataon na gumanda ang kanilang buhay (When the projects begin, these will create more jobs. Our fellow countrymen will have the opportunity to have a comfortable life),” he added.

In December 2019, Socioeconomic Planning Secretary Ernesto Pernia said it is “possible and quite reasonable” that poverty rate would further drop to “10 to 12 percent” by 2022.

Presidential Communications Operations Office Secretary Martin Andanar also guaranteed in December last year that the government’s programs will further give “beneficial gains and advantages” to Filipinos this year. 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle3 days ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle1 month ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle1 month ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle3 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle3 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver4 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver5 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver6 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...