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Share of population in extreme poverty (1981–2019) In 2023, official government statistics reported that the Philippines had a poverty rate of 15.5%, [1] [2] (or roughly 17.54 million Filipinos), significantly lower than the 49.2 percent recorded in 1985 through years of government poverty reduction efforts. [3]
Pantawid Pamilyang Pilipino Program (English: Bridging Program for the Filipino Family), also known as 4Ps and formerly Bangon Pamilyang Pilipino, is a conditional cash transfer program of the Philippine government under the Department of Social Welfare and Development. [1]
The government announced that it will provide a 5% annual interest to the beneficiaries of the low-cost housing program for 10 years. [5] In December 2023, Pag-IBIG approved ₱ 12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City , 1,377 in ...
The agency, then known as POPCOM, was created in 1969 by virtue of Executive Order (EO) 171 [1] which established a 22-member Commission on Population. [2]Republic Act 6365, [3] or the Population Act of the Philippines, [4] was enacted into law by the Philippine Congress on August 16, 1971, which established the National Population Policy.
According to World Bank Country Director Motoo Konishi, the Philippines had become a "rising tiger" in East Asia. However, at the same time, during the 2010–2011 fiscal year, the increase in the wealth of the richest families in the Philippines, amounting to 47.39%, comprised 76.5% of the GDP increase for that year. [4]
In Population and Poverty, Aniceto Orbeta, Jr., showed that poverty incidence is higher among big families: 57.3% of Filipino families with seven children are in poverty while only 23.8% of families who have two children live below the poverty threshold. [13] Percentage of population living below poverty line (2003). Darker areas mean more poverty.
The National Youth Commission (Filipino: Pambansang Komisyon sa Kabataan), also known as the NYC, is a government agency in the Philippines that specifically addresses issues surrounding the Filipino youth. It was founded on June 30, 1995, via Republic Act 8044 or the "Youth in Nation-Building Act of 1995". [3]
To be able to provide quality labor to other countries and support to Filipinos, the Philippine government provides a number of subsidized benefits such as pre-migration training on social and work conditions abroad, life insurance and pension plans, medical insurance and tuition assistance for the migrant and his or her family, and eligibility ...