MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics agency ...

MANILA, Dec 22 (Reuters) - The Philippines' poverty rate dropped to 22.4% or 25.24 million people in the first half of 2023, the government's statistics agency said on Friday, from 23.7% in the same ...

By Knut OstbyResident Representative ad interim,and Mohamed Shahudh,Economist Recent events in the Philippines illustrate ...

Despite ongoing efforts to prioritize rural-led development in the Philippines, rural poverty persists at a rate of 39.4%, significantly exceeding the national average of 26.5% and standing at more ...

In Mabini, Davao de Oro Province, indigenous peoples (IPs) used to manually produce only a few hundred kilograms of abaca fiber, which is used for making ropes, twines, fishing lines, and other marine ...

The causes of rural poverty are complex and multidimensional. They involve, among other things, culture, climate, gender, markets, and public policy. Likewise, the rural poor are quite diverse both in ...

Extreme poverty is mainly a rural phenomenon. Four of every five people below the $1.90-a-day international income poverty line lived in rural areas in 2013 (Castañeda and others, 2018). Over the last ...

MANILA, Dec 17 (Reuters) - Close to four million people in the Philippines became poor in the first half of the year due to pandemic-induced lockdown measures that dried up jobs and reduced domestic ...

Newcastle University received funding to support this research from Standard Life Foundation, a charity whose objective is to address financial hardship. Mark Shucksmith was principal investigator but ...

The Economic Issues series aims to make available to a broad readership of nonspecialists some of the economic research being produced on topical issues by IMF staff. The series draws mainly from IMF ...