Add Yahoo as a preferred source to see more of our stories on Google. Youths are pictured at at a slum area in Baseco, Tondo city, metro Manila MANILA (Reuters) - The Philippines' poverty rate dropped ...

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 ...

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 ...

The Philippines, with its abundant natural resources and vibrant cultural legacy, should by all indicators be a thriving and resilient economy. Yet more than seventy years after independence, it ...

What is one important lesson we can learn from the Philippines' conditional cash transfer program? Poor and vulnerable families can overcome poverty and deprivation through their own efforts. All they ...

According to the Philippine Institute for Development Studies (PIDS), middle-income households in the country are those with ...

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 ...

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 ...