AGL 38.20 Increased By ▲ 0.21 (0.55%)
AIRLINK 211.50 Decreased By ▼ -4.03 (-1.87%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.52 Decreased By ▼ -0.27 (-3.98%)
DCL 9.00 Decreased By ▼ -0.17 (-1.85%)
DFML 38.23 Decreased By ▼ -0.73 (-1.87%)
DGKC 96.86 Decreased By ▼ -3.39 (-3.38%)
FCCL 36.55 Decreased By ▼ -0.15 (-0.41%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.98 Increased By ▲ 0.49 (3.38%)
HUBC 131.00 Decreased By ▼ -3.13 (-2.33%)
HUMNL 13.44 Decreased By ▼ -0.19 (-1.39%)
KEL 5.51 Decreased By ▼ -0.18 (-3.16%)
KOSM 6.87 Decreased By ▼ -0.45 (-6.15%)
MLCF 44.90 Decreased By ▼ -0.97 (-2.11%)
NBP 59.34 Decreased By ▼ -1.94 (-3.17%)
OGDC 230.00 Decreased By ▼ -2.59 (-1.11%)
PAEL 39.20 Decreased By ▼ -1.53 (-3.76%)
PIBTL 8.38 Decreased By ▼ -0.20 (-2.33%)
PPL 200.00 Decreased By ▼ -3.34 (-1.64%)
PRL 39.10 Decreased By ▼ -1.71 (-4.19%)
PTC 27.00 Decreased By ▼ -1.31 (-4.63%)
SEARL 103.32 Decreased By ▼ -5.19 (-4.78%)
TELE 8.40 Decreased By ▼ -0.34 (-3.89%)
TOMCL 35.35 Decreased By ▼ -0.48 (-1.34%)
TPLP 13.46 Decreased By ▼ -0.38 (-2.75%)
TREET 25.30 Increased By ▲ 0.92 (3.77%)
TRG 64.50 Increased By ▲ 3.35 (5.48%)
UNITY 34.90 Increased By ▲ 0.06 (0.17%)
WTL 1.77 Increased By ▲ 0.05 (2.91%)
BR100 12,110 Decreased By -137 (-1.12%)
BR30 37,723 Decreased By -662.1 (-1.72%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)

About half of the Philippine population considers themselves poor despite robust economic growth, a survey showed on Monday. The independent study by the Social Weather Stations showed that at least 9.4 million families, about 50 percent, considered themselves to be poor, up from 43 percent or 8.1 million in March, a spokesman of the group said.
"We asked them to choose between two cards: poor or not poor. We did not ask them why they feel poor," said Leo Larosa, a researcher at polling firm said.
This came despite government figures showing that the Philippines recorded a 7.9 percent economic growth rate in the first half of 2010, its best half-year growth record in more than 20 years.
The figures were significantly higher than the government's latest poverty study in 2006 showing that 32.9 percent of the population or 27.6 million Filipinos were considered poor.
But an economic official said the two sets of data were not comparable as the survey showed people's perception while the government figures were based on income and cost of essential goods.
Those surveyed "are comparing their situations. It may be they feel poorer even if they have enough income," said government assistant economic planning director Myrna Asuncion.
President Benigno Aquino, who won a landslide election victory on May 10, has vowed to lift the country out of poverty by cracking down on corruption and building much-needed infrastructure.
But earlier this month, his government admitted that the country would fail to meet its UN development goal of cutting poverty levels in half by 2015.
The Social Weather Stations survey was conducted in June and questioned 1,200 people nation-wide. It had a three percent margin of error.

Copyright Agence France-Presse, 2010

Comments

Comments are closed.