PIDS: Despite PH economic gains, millions still vulnerable to poverty

2026-01-28 - 21:51

MANILA, Philippines — Millions of Filipino families remain at risk of poverty even as the Philippines moves closer to upper-middle-income country (UMIC) status, showing that national economic gains are not trickling down to the poorer segments of society. The latest study by the state-owned think tank Philippine Institute for Development Studies (PIDS) showed that, relative