70% Of Filipinos Live On P42 A Day Budget

[News Reader]

Manila, Philippines — Seventy percent of Filipinos subsist on a P42 daily budget. Senator Edgardo J. Angara, citing a World Bank study, bared this on Tuesday as he expressed reservations over the proposed P1.645-trillion budget for 2011 which he said is not practical.View the full article

[Tom in Texas]

Hmmmm.... $ a day, give or take.Seems that the RP families of many on this Forum have been pushed into the upper economic percentiles through relatively modest family assistance... who'd uh thunk it??

[Mr Lee]

Hmmmm.... $ a day, give or take.Seems that the RP families of many on this Forum have been pushed into the upper economic percentiles through relatively modest family assistance... who'd uh thunk it??

And this is exactly what many foreigners who go to the Philippines do not seem to understand, and then when they toss tons of money at the ladies they date, they have basically bought a relationship with them instead of earning their love, and then when things go bad they call the ladies scammers. 

[Art2ro]

That's 70% of the 36 million people already living in poverty out of the total population of 90 million+ people living in the Philippines, because the other 30% are being assisted by well to do foreigners that are benefactors to their Filipino spouses, girlfriends and their extended families! We Balikbayans, OFWs and foreign tourists help out in the scheme of things to aid in the Philippine's economy and to those under privileged people out of the 36 million people living in poverty! That's why immigration policies are getting better each year to promote tourism and or invite investors which makes it easier for all in coming to the Philippines for business ventures, to retire or just to visit! :36_1_68[1]: