Sunday 21 October
Powered by Ajaxy
Jun 11, 2018 @ 8:42

Family of five needs at least P200 a day to buy food – SWS


The Social Weather Stations (SWS) is claiming that a family of five needs at least P200 a day to buy food essentials or equivalent to the price of Jollibee two-piece Chickenjoy meal with extra rice.

This is 60 percent more than the P127 a day food budget claimed by the National Economic and Development Authority as the minimum threshold for poor families in its claim that families could live on a budget of at least P10,000 a month.

In his Inquirer, SWS Chief Mahar Mangahas said the P200 a day food budget would be a more “realistic” figure for a family to live on.

This translates to P6,000 a month which accounted for nearly half of the national median average house expenses threshold of P13,000 per month based on a survey of Filipinos who rated themselves as poor.

In contrast, NEDA Undersecretary Rosemarie Edillon’s estimate showed a P10,000 monthly consumer basket of an average Filipino family in which food accounted for P3,834 or the “objectionable” P127 per day food budget

In its survey on self-rate poverty from March 23-27, 2018, Mangahas said 29 percent of Filipinos were considered food poor (living below a food budget of P200 per day) – 18 percent in the National Capital Region; 24 percent in Balance Luzon,; 45 percent in Visayas and 31 percent in Mindanao.

“The latest food-poverty gap is a realistic P100 per day. The poverty gaps are the extra budgets that the poor say they need, over and above their current budgets, in order to escape their general poverty and food-poverty,” said Mangahas.

Please follow and like us:

Tags: , , , , , , ,

Related Stories
One of the country’s largest network of full-service ambulatory clinics is set to open 12
The Department of Transportation is set to grant original proponent status (OPS) to two unsolicited
Davao-based businessman Dennis Uy, through Chelsea Logistics Holdings Corp. (CLC), has earmarked $100 million for
The holding firm of business magnate Michael Cosiquien is looking to build four more cold


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.