• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

P64 food poverty threshold set for revamp

by September 1, 2025
September 1, 2025

THE Department of Economy, Planning, and Development (DEPDev) said it will overhaul the food poverty threshold in 2026, which is currently set at P64 per person per day.

“We will be revising the poverty threshold,” Economy Undersecretary Rosemarie G. Edillon told a Senate Finance Committee briefing on Monday, adding that new data will be incorporated from the 2024 census.

Sen. Loren Regina B. Legarda called the P64 threshold an “out-of-touch economic benchmark.”

According to the 2023 Family Income and Expenditure Survey (FIES), the monthly food poverty threshold for a family of five was P9,581, or about P64 per person a day.

Economy Secretary Arsenio M. Balisacan has admitted that P64 was outdated and committed to revise it. The Philippine Statistics Authority (PSA) has also called it “insufficient” and not reflective of actual food spending.

Ms. Edillon said the revised threshold will consider factors such as age, sex, and size, which affect nutritional requirements.

“The 2025 FIES is currently being conducted. The PSA has finished the first round covering the first semester of 2025. The second round covering July until December will be conducted in January to February of 2026. Results will be available sometime in July next year,” she said.

Updated methodology will be submitted to the PSA Board for approval and will be applied to the 2025 FIES data. Until then, the 2023 threshold remains in use. — Aubrey Rose A. Inosante

previous post
ERC unveils draft rules for power reserve procurement
next post
‘Covered persons’ warned to transact only with registered gambling entities

You may also like

EY Global Delivery Services raising PHL staffing to...

September 4, 2025

Developers urged to grow industrial segment to attract...

September 4, 2025

UP mining dep’t tapped for copper value-chain studies

September 4, 2025

PEMC sees grid reliability improving following ‘success’ of...

September 4, 2025

BCDA taps Indian company to boost digital transformation

September 4, 2025

Proposed DA-DAR merger seen aiding ARB integration into...

September 4, 2025

Tulfo threatens to block DoLE budget over Camanava...

September 4, 2025

PPP pipeline cut to 229 projects worth P2.77T

September 4, 2025

Konektadong Pinoy expected to unlock digital infra investment

September 4, 2025

US tariff impact expected to start showing up...

September 4, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • JUST IN: DC Attorney General Sues Trump to Stop National Guard Deployment – Claims Troops “Put Public Safety at Risk”

      September 4, 2025
    • Fireworks! Shouting Match Erupts Between RFK Jr and Dem Senator Michael Bennet Over mRNA Vaccines After RFK Jr. Asks Him a Question on the Topic (VIDEO)

      September 4, 2025
    • BREAKING: OMG: DOJ Deputy Chief Says Government will “Redact Every Republican” While Leaving All “Democrat People” on Epstein Client List (VIDEO)

      September 4, 2025
    • Trump White House vs. The Fed: Why Firing the Chairman Could Be Legal and Justified

      September 4, 2025
    • KEY ELECTION ACTION: EO Mandating Audits Before Elections, Performed by Independent Auditors, Ensuring Election Integrity

      September 4, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick