Mindanaotaday.com | NEDA 10: Scarce resources must really go to right interventions
By: Jasper Marie Rucat
CAGAYAN DE ORO CITY – National Economic Development Authority-10 Regional Director Mylah Faye Aurora Cariño shared during the 2021 Full Year Official Poverty Statistics Regional Data Dissemination Forum organized by the Philippine Statistics Authority (PSA) in Cagayan de Oro City that scarce resources must really go to the right interventions and hit the right people.
Based on PSA 2021 poverty survey, in Region 10, the poverty incidence of Filipinos among families in 2021 was estimated at 19.2% this means that 19 out of 100 families have income below the amount needed to buy basic food and non-food needs in 2021.
Meanwhile, the proportion of poor individuals in the region whose income is not enough to meet even the basic food needs was recorded at 9.3 percent.
“We are optimistic, but we have tempered our optimism. In April this year, our PSA released the 2021 GRDP and the data showed that region 10 is the only one of four regions that actually returned to pre pandemic level, as far as the economy is concerned. But when these poverty statistics came out, it showed that despite the growth of our economy, our poverty actually increased. One, this should urge us to work harder,” said Cariño.
Estrella Pahalla, assistant regional director of Department of Labor and Employment-10, said, “We are moving towards formalizing the informal sector through our programs and services. We have livelihood programs that are being conducted. We are envisioning that this informal sector will transition to become a formal sector and they will be generating employment as well, be employers at their own rights.”
According to PSA-10, the region’s subsistence incidence translates to around 472,000 individuals in the region whose income falls short of the monthly food threshold of P8,385 for a family of five. (JMOR | PIA-10)
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