THE National Economic and Development Authority (NEDA) is confident that the Philippines can reduce poverty by at least 9 percentage points by the end of the Marcos administration in 2028, as the government aggressively pushes for economic recovery.

"We firmly believe that we can reduce poverty by at least nine percentage points by 2028: we aim to lower poverty incidence, which is at 18.1 percent in 2021, by five percentage points by 2025 and by another four percentage points by 2028," Socioeconomic Planning Secretary and NEDA chief Arsenio Balisacan said during the Economic Journalists Association of the Philippines-San Miguel Corp. Economic Forum on Wednesday.

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