Manila Bulletin – Energy crisis risks pushing 1.3-million Filipinos into poverty

The Philippines risks pushing 1.3 million more people into poverty as a national energy crisis and record-high fuel prices threaten to drive the Philippine poverty rate to 14.4 percent, according to a warning from the state-run Philippine Institute for Development Studies (PIDS). Key Takeaways: National poverty could climb to 14.4%, with rural incidence potentially spiking … Read more