{"id":52584,"date":"2022-08-17T09:00:01","date_gmt":"2022-08-17T01:00:01","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=52584"},"modified":"2022-08-16T14:43:20","modified_gmt":"2022-08-16T06:43:20","slug":"ph-poverty-incidence-rose-to-18-1-in-2021","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/ph-poverty-incidence-rose-to-18-1-in-2021\/","title":{"rendered":"PH poverty incidence rose to 18.1% in 2021"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The poverty incidence among Filipinos \u2014 or the proportion of individuals whose incomes fell below the per capita poverty threshold from the total population \u2014 rose from 16.7% in 2018 to 18.1% in 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the Philippine Statistics Authority (PSA), around 2.3 million Filipinos plunged into poverty between 2018 and 2021 as the COVID-19 pandemic left lasting scars on the economy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This brings the total number of poverty-stricken Filipinos to 19.992 million in 2021, from 17.670 million in 2018.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During a press briefing, Socioeconomic Planning Secretary Arsenio Balisacan said that the strict lockdowns during the last two years contributed significantly to the rise of poverty in the country.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, with unemployment and underemployment levels decreasing in 2022, Balisacan is optimistic that the current administration will be able to achieve its goal of bringing down poverty to nine per cent by 2028.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The poverty data were derived from the Family Income and Expenditure Survey (FIES), conducted in July 2021 and January 2022. It covered 165,029 Filipino families for both rounds of the survey.<\/span><\/p>\n<p><a href=\"https:\/\/www.bworldonline.com\/top-stories\/2022\/08\/16\/468565\/pandemic-pushes-2-3-million-filipinos-into-poverty-in-2021\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\"><span style=\"font-weight: 400;\">Read more here.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The poverty incidence among Filipinos \u2014 or the proportion of individuals whose incomes fell below the per capita poverty threshold [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":52585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PH poverty incidence rose to 18.1% in 2021 - Outsource Accelerator<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.outsourceaccelerator.com\/ph-poverty-incidence-rose-to-18-1-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PH poverty incidence rose to 18.1% in 2021 - 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