BusinessWorld E-paper
August 16, 2022
AROUND 2.3 million Filipinos have been plunged into poverty between 2018 and 2021, as the coronavirus pandemic left lasting scars on the Philippine economy, according to the Philippine Statistics Authority (PSA).
Preliminary results of the 2021 Official Poverty Statistics estimated poverty incidence among individuals — the proportion of Filipinos whose incomes fell below the per
capita poverty threshold from the total population — rose to 18.1%,from the 16.7% recorded in 2018.
