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You Are Not Poor If Your Family Earns P10,480 In A Month- NEDA

According to the National Economic and Development Authority a family who are able to earn P10, 480 in a month is not considered poor. According to the Philippine Statistics Authority, Filipinos living below the poverty line had gone down to 16.1 percent in January to June 2018, from 22.2 percent during the same period in 2015.

“It’s a reasonable expectation that we are on track to meet targets,” National Economic and Development Authority Usec. Carlos Bernardo Abad Santos told reporters. PSA Assistant Secretary Josie Perez said. a family of 5 needed to spend at least P10,481 a month for food and non-food items to not be considered poor.

Malacañang said the poverty data showed that the present administration has made “significant strides” in eradicating poverty.

“…We will not rest but rather continue to work hard to achieve our target of decreasing poverty incidence to 14 percent, or even better, by the end of PRRD’s term in 2022 and fulfill the President’s vision of providing a comfortable life for each and every Filipino,” Presidential Spokesperson Salvador Panelo said in a statement. 

However, IBON Foundation questioned the data of the statistics saying it is not realistic.

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