Tag: pre-pandemic
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Poverty falls to below pre-pandemic level in 2023
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ABOUT 17.54 million Filipinos were living in poverty in 2023, significantly lower from than the nearly 20 million in 2021, the Philippine Statistics Authority (PSA) reported on Monday. Based on preliminary results of the PSA’s Family Income and Expenditure Survey (FIES), the poverty incidence among the population fell to 15.5%…
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Tourist arrivals in PHL seen returning to pre-pandemic level only in 2025
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TOURIST ARRIVALS in the Philippines are expected to jump by 33% this year, but will only return to the pre-pandemic level by 2025, Fitch Solutions’ unit BMI said. In a report, BMI said it maintains a “positive outlook” for Philippine tourist arrivals through 2028, driven by tourists from key markets…