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About 2.3 million more people in the Philippines have been pushed into poverty between 2018 and 2021, largely due to the economic downturn caused by the Covid-19 pandemic, according to the country’s statistics agency. Recently inaugurated President Ferdinand Marcos Jnr aims to slash the poverty rate to nine per cent by 2028 by focusing on fully reopening the economy, investing in human capital and social protection, and transforming production sectors to generate more quality jobs and competitive products.

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