PH poverty rate falls to 15.5% in 2023 – PSA

The country’s poverty rate declined to 15.5 percent in 2023 from 18.1 percent in 2021, the Philippine Statistics Authority (PSA) said on Monday. Preliminary data from the PSA showed that the poor population declined to 17.54 million from 19.99 million in 2023. READ: SWS: 58 percent of Filipino families rate themselves poor in Q2 survey
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