Philippines' Single-Digit Poverty Goal Likely Unmet, World Bank Report Suggests
Economy

Philippines' Single-Digit Poverty Goal Likely Unmet, World Bank Report Suggests

President Ferdinand Marcos Jr.'s pledge to achieve single-digit poverty by 2028 appears unfeasible, according to a new World Bank report. Projections indicate poverty will only fall to 12.3% by 2028 under current policies, highlighting the need for fundamental structural reforms.

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