‘Infra, social investments linked to inclusive growth’

The Department of Finance (DoF) has concluded a study identifying three major contributors to poverty reduction that could also help speed up the government’s quest for inclusive growth for Filipinos.

Already setting the policy direction for the government’s medium-term economic program, these three factors —greater investment in infrastructure, conditional cash transfer (CCT) and micro-lending programs—accelerate poverty reduction and spell financial inclusion – according to the DoF’s first major research paper for the year released on Monday.