< List

FILIPINOS SPENDING P64 FOR MEALS PER DAY NOT FOOD POOR

ImHenyo Writer
M
Jessica
2024.08.14
Likes 3
Views597
Comments 0

As long as a Filipino can afford a P64 for their meals a day, they are not considered poor (Photo courtesy of AFP/Jam Sta. Rosa)

 

Based on National Economic and Development Authority (NEDA) data, Filipinos are considered poor if they can only afford P20 for each breakfast, lunch, and dinner. But if a Filipino has P64 all day or P21 and up for a meal, they are not consider as poor.

 

The Senators during a Senate panel, questioned this data from NEDA. Senator Grace Poe stated, “When you compute poverty thresholds with an old number which is not, obviously not workable anymore, P20 per meal, your poverty forecast is not true.”

 

Senator Nancy Binay also said that the threshold poverty numbers do not match with what is needed for people to live beyond the minimum necessities.

 

NEDA Secretary Arsenio Balisacan explained, they are not changing the threshold or basis of being poor at the moment to track if the government's program has an effect on poverty. 

 

“The reason we are keeping it constant, in real terms after adjusting for inflation, is just to ensure that we are tracking the changes properly and allow us to understand whether our policies, our programs are working insofar as these are able to reduce poverty," Balisacan said.

 

Senator Joel Villanueva calculated the poverty threshold or the measure to say someone is poor. A person is considered poor if the monthly budget is P2,775 which is equivalent to P92.50 of daily budget. This amount can meet the minimum needs such as food, but if it will be look at the price of the goods it seems that it will not be enough.

 

Despite this, Finance Secretary Ralph Recto said that more than 2.5 million Filipinos have been lifted out of poverty. "With favorable conditions, we are on course to become an upper-middle income country by 2025. This means that we can expect the total income of every Filipino to increase."

 

 

Source: ABS-CBN News

 

 

 

Be part of ImHenyo community!

Get featured by sharing your stories, news, and comments

Email us at [email protected]

Comments

NEWS

FUEL PRICES UP IN THIRD WEEK OF FEBRUARY N
M
Jessica
Views 22
Likes 1
2025.02.17
FUEL PRICES UP IN THIRD WEEK OF FEBRUARY
CASHLESS TOLL COLLECTION TO RESUME ON MARCH 15 – TRB N
M
Jessica
Views 28
Likes 1
2025.02.17
CASHLESS TOLL COLLECTION TO RESUME ON MARCH 15 – TRB
FORMER VP LENI ROBREDO’S X ACCOUNT HACKED TO PROMOTE CRYPTO N
M
Jessica
Views 15
Likes 1
2025.02.17
FORMER VP LENI ROBREDO’S X ACCOUNT HACKED TO PROMOTE CRYPTO
PAGASA WARNS AGAINST FLASH FLOODS AND LANDSLIDES, RAINS TO PREVAIL N
M
Jessica
Views 32
Likes 1
2025.02.17
PAGASA WARNS AGAINST FLASH FLOODS AND LANDSLIDES, RAINS TO PREVAIL
PHIVOLCS LOGS MINOR PHREATIC ERUPTION AT TAAL VOLCANO N
M
Jessica
Views 32
Likes 1
2025.02.17
PHIVOLCS LOGS MINOR PHREATIC ERUPTION AT TAAL VOLCANO
QUEZON CITY DECLARES DENGUE OUTBREAK
M
Jessica
Views 45
Likes 1
2025.02.15
QUEZON CITY DECLARES DENGUE OUTBREAK
BOC SEIZES SMUGGLED LUXURY CARS WORTH P1.4B IN PASAY, PARAÑAQUE
M
Jessica
Views 38
Likes 1
2025.02.15
BOC SEIZES SMUGGLED LUXURY CARS WORTH P1.4B IN PASAY, PARAÑAQUE
GOVERNMENT WARNS PUBLIC AGAINST LOVE SCAMS TARGETING PINOYS
M
Jessica
Views 47
Likes 1
2025.02.15
GOVERNMENT WARNS PUBLIC AGAINST LOVE SCAMS TARGETING PINOYS
MAGNITUDE 5.6 EARTHQUAKE SHOOK EASTERN SAMAR FRIDAY NIGHT
M
Jessica
Views 64
Likes 1
2025.02.15
MAGNITUDE 5.6 EARTHQUAKE SHOOK EASTERN SAMAR FRIDAY NIGHT
PHILIPPINES CURLING TEAM WINS FIRST ASIAN WINTER GAMES GOLD MEDAL
M
Jessica
Views 63
Likes 1
2025.02.14
PHILIPPINES CURLING TEAM WINS FIRST ASIAN WINTER GAMES GOLD MEDAL
PCSO DISMISSES BREACH REPORT ON DATABASE OF LOTTO WINNERS
M
Jessica
Views 38
Likes 1
2025.02.14
PCSO DISMISSES BREACH REPORT ON DATABASE OF LOTTO WINNERS
DEPED EYES OVER 15,000 TEACHERS TO FILL SHORTAGE OF SCHOOL PRINCIPALS
M
Jessica
Views 47
Likes 1
2025.02.14
DEPED EYES OVER 15,000 TEACHERS TO FILL SHORTAGE OF SCHOOL PRINCIPALS
CLOUDY SKIES, RAINS IN PARTS OF PH ON VALENTINE’S DAY
M
Jessica
Views 42
Likes 1
2025.02.14
CLOUDY SKIES, RAINS IN PARTS OF PH ON VALENTINE’S DAY
47 NEW HIV CASES RECORDED PER DAY IN Q4 OF 2024 – DOH
M
Jessica
Views 45
Likes 1
2025.02.14
47 NEW HIV CASES RECORDED PER DAY IN Q4 OF 2024 – DOH
DOC WILLIE ONG WITHDRAWS FROM SENATE RACE
M
Jessica
Views 67
Likes 1
2025.02.13
DOC WILLIE ONG WITHDRAWS FROM SENATE RACE
1 2 3 4 5