The President talked about the decreased number of poor based on the National Statistical Coordination Board (NSCB) pegging the number of poor at 26%. According to Rep. Colmenares, this is based on a poverty threshold of P58 pesos per day.
This is to say that for matuwid na daan, a Filipino can live on P58 pesos per day.
That’s P58 pesos for food and non-food expenses, including electricity, water and housing, transport expenses, and sending one’s children to school. (more…)