The National Statistical Coordination Board (NSCB) of the Philippines recently released poverty statistics as of the first semester of 2012. The report is based on the outcomes of the Family Income and Expenditure Survey (FIES) conducted by the National Statistics Office (NSO) in July 2012. Both agencies are under the National Economic Development Authority (NEDA). The stats on poverty incidence are shown in the following link:
In relation to these poverty figures, the NEDA Director General Arsenio Balisacan issued the following statement:
I am curious to see how much of family expenditures go to transport. Clearly, the state of the country’s transportation system is a significant factor in development and the government’s initiatives towards inclusive growth will not prosper if we continue to have inefficient transport across all modes for both people and goods.