PH unlikely to hit 2028 poverty goal

THE Philippines will likely miss its target of lowering poverty to 8.8-9.0 percent by 2028 under current conditions, the World Bank said on Thursday. “As of this moment, we’re not projecting poverty below in single digits by 2028,” World Bank senior economist Liliana Sousa told reporters in a briefing. Baseline projections show poverty remaining above the government’s target by the end of President Ferdinand Marcos Jr.’s term unless policy interventions are strength