Youths are pictured at at a slum area in Baseco, Tondo city, metro Manila MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices ...

In Mabini, Davao de Oro Province, indigenous peoples (IPs) used to manually produce only a few hundred kilograms of abaca fiber, which is used for making ropes, twines, fishing lines, and other marine ...

By Knut OstbyResident Representative ad interim,and Mohamed Shahudh,Economist Recent events in the Philippines illustrate ...

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 ...

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 ...

Debt as a Symptom of Corruption, Not a Cause of Development The Philippines’ ballooning debt—projected to reach ₱17.35 trillion by end-2025 and push the debt-to-GDP ratio to 62%—is often framed as a ...

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 ...

Francisco Sales believes he could have saved the lives of his wife Gloria Operario and their unborn child during childbirth three years ago if he had enough money. Gloria had a risky third pregnancy ...

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 ...

The causes of rural poverty are complex and multidimensional. They involve, among other things, culture, climate, gender, markets, and public policy. Likewise, the rural poor are quite diverse both in ...