In 1985, 44.2 percent o f the total number of families can be considered poor. Since then, poverty incidence has declined to 31.8 percent in 1997. However, the Asian financial crisis coupled with the El Nino in 1997-1998 has reversed the downward trend and has caused poverty incidence to increase to 33.7 percent in 2000 as shown in Table 1. It also show s that among region, poverty incidence is highest in the Autonomous Region of Muslim Mindanao where almost 66 out of every 100 families can be considered poor. The Bicol Region com e s second where 55 out o f every 100 families can be considered poor. In contrast, only 9 out of every 100 families in the National Capital Region can be considered poor.
|Source Institution||World Bank|
|Place of Publication||Pasig City|
|Original Publication Date|