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The gap between rich and poor in the Philippines is widening, with
the richest 10 percent of families raking in more than a third of
the country’s total income, according to government data released
Saturday.
The richest 1.74 million families earned 36
percent of the total 2006 family income of just over P3 trillion
($74 billion), the National Statistics Office said in a statement.
The data placed the average family income at $12
a day, with few families having any savings.
The government says a Filipino family has about
four members on average.
It said the survey indicated “a movement
towards a widening income disparity among families” as suggested
by the Gini coefficient, a global standard on measuring income
equality within a population.
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