Pilipinas, maaaring ituring na “”upper middle income country” sa 2025, ayon sa NEDA

2 days ago

Maaari nang maituring bilang upper middle income country ang Pilipinas sa susunod na taon, ayon sa NEDA. Pero sabi ng isang grupo, hindi niyan sinasalamin ang tunay na kinikita ng maraming Pilipino, base sa kanilang pag-aaral.

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Transcript

00:00The Philippines could be considered as an upper-middle-income country in the next year, according to NEDA.

00:07But a group said that it does not reflect the real income of many Filipinos based on their studies.

00:16Maki Pulido was able to point it out.

00:22Within almost four decades of the passing of EJ Flores' jeep, he only earns a small amount of money.

00:29Before, we used to earn P700. Now, it's only P500.

00:35According to his wife, they can hardly afford their needs.

00:40Life is hard, just like us. Our journey is hard.

00:45But according to the National Economic Development Authority, NEDA,

00:48in the next year, 2025, the Philippines could be considered as an upper-middle-income country.

00:55It means that the average income of every Filipino is 4,256 U.S. dollars or more than P246,000 per year,

01:04based on the figure set by the World Bank.

01:07Its basis is not GDP per capita. It is gross national income.

01:13And in the last few years, our gross national income is growing faster than our GDP.

01:18But according to the IBON Foundation, it does not reflect the real income of many Filipinos.

01:24What it means is that the richest in the country earns a lot,

01:28so all Filipinos are divided to increase the average annual income.

01:34According to the study of the group, only 2% of the Filipino families earn P500,000 to more than P10 million per month,

01:42while 66% of the Filipino families earn less than P26,000.

01:50The average income of the upper-middle-income is because of the huge income,

01:56which is the lowest income of the majority.

02:01NEDA accepts that the income of many Filipinos needs to increase,

02:05and the government has plans to achieve this.

02:08There are only a few controls on the speed of purchasing goods,

02:12and the development of business and quality of work.

02:15You should take that in the context of the other things that we are doing

02:19to make sure that the middle class grow, and the poor in particular grow.

02:25For GMA Integrated News, Mackie Pulido, Nakatuto, 24 Hours.

Pilipinas, maaaring ituring na “”upper middle income country” sa 2025, ayon sa NEDA | 24 Oras

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