Sunday, March 04, 2012

Poverty in the Philippines

Over 24 million Filipinos are poor, i.e. “poor” meaning per capita income of less than P46/day.

9.4 million of them are “food poor”, i.e those who live on P32/day, not even enough to meet the minimum 2,000 calories a day.

The top 1% of the families numbering 185,000 have an income equal to the income of the bottom 30% of the families numbering 5,500,000.

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