SWS sur­vey show­ing drop in self-rated poverty hailed

Tempo - - News - (Argyll Geducos)

Mala­cañang is op­ti­mistic that more fam­i­lies will live more com­fort­able lives this year after a So­cial Weather Sta­tions sur­vey showed that the num­ber of Filipinos who con­sid­ered them­selves poor dropped to 50 per­cent last De­cem­ber from 52 per­cent in Septem­ber 2018.

Pres­i­den­tial spokesper­son Sal­vador Panelo said Mala­cañang wel­comes the re­sult of the self-rated poverty sur­vey con­ducted last Dec. 16 to 19, say­ing this trans­lates to an es­ti­mated 600,000 fam­i­lies say­ing that they no longer think of them­selves as poor.

Panelo also noted a sim­i­lar drop in Filipino fam­i­lies rat­ing their food as "mahi­rap" (poor), which stood at 34 per­cent in De­cem­ber 2018 vis-à-vis the 36 per­cent three months ear­lier.

Ac­cord­ing to Panelo, such im­prove­ments may be per­ceived to be in con­so­nance with the De­cem­ber 2018 in­fla­tion drop of 5.1 per­cent, the low­est since June 2018. He said the Palace is now op­ti­mistic that the sit­u­a­tion for Filipinos will get bet­ter.

"With the Pres­i­dent's tire­less ef­forts in ad­dress­ing and tam­ing the in­fla­tion­ary ef­fects of the prices of ba­sic goods and com­modi­ties, we re­main op­ti­mistic that many Filipino fam­i­lies would con­tinue to feel more com­fort this year," he said.

Panelo also cited the Bangko Sen­tral ng Pilip­inas' fore­cast that in­fla­tion for 2019 is ex­pected to de­cel­er­ate below four per­cent. How­ever, he said the gov­ern­ment will con­tinue to pur­sue im­prov­ing the lives of ev­ery Filipino. "Even as we ac­knowl­edge such pos­i­tive de­vel­op­ment, we note how­ever that the poverty among Filipinos is still high," he said.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.