NEDA chief: Persons spending P64 for 3 meals a day considered 'food poor'

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NEDA chief: Persons spending P64 for 3 meals a day considered 'food poor'
Food PoorPoverty ThresholdArsenio Balisacan
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Individuals who spend P64 below for three meals a day are considered " food poor ," according to NEDA Secretary Arsenio Balisacan .At the first day of the Senate hearing on the proposed 2025 budget, Balisacan was asked the current threshold for one to be classified as " food poor .""As of 2023, a monthly food threshold for a family of five is 9,581 pesos. It comes out about P64 per person," Balisacan said.Baliscan said the amount would cover three daily meals per person.

This prompted the senators to urge the NEDA to review their threshold to ensure that the poverty forecast is accurate."There are certain things that need to be constant, but there are certain things that have to be adjusted because when you compute poverty thresholds using an old number which is obviously not workable anymore, P20 per meal eh hindi totoo 'yung poverty forecast ," Senator Grace Poe said.Balisacan agreed that it is about time to revisit their threshold.

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Food Poor Poverty Threshold Arsenio Balisacan

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