GDP growth not felt by poor-Binay

The country’s six percent growth in its Gross Domestic Product (GDP) is meaningless because it did not translate to more jobs and a better life for the poor, according to Vice President Jejomar Binay.

“Economic growth is meaningless if it excludes the poor and working class Filipinos. We have claims of growth in the midst of unmitigated poverty, unemployment and hunger. The job of any administration is to address poverty by providing jobs and economic opportunities,” Binay said on Friday.