Malacañang cites survey showing poverty decline to 50%

Malacañang expressed elation over a Social Weather Stations survey showing a decline in poverty incidence, with 50 percent of Filipinos now considering themselves poor, down from 55 percent.

The palace attributed this improvement to President Ferdinand R. Marcos Jr.'s administration's initiatives focused on food availability and affordability, education, and social welfare.

President Marcos expressed confidence that further government efforts aimed at addressing issues such as small-scale businesses, public utilities, transportation services, and street safety would continue reducing poverty.

Malacañang noted a significant decrease in the number of Filipino families rating themselves as borderline poor, reaching an all-time low of 8 percent.

Palace Press Officer Claire Castro emphasized that the administration remains committed to easing the burden on ordinary Filipinos through concrete actions.