Philstar.com·3 min read·medium
‘Upper-middle income status not the finish line’
H
Helen Flores
✦AI Summary
The Philippine government acknowledges the country's upgrade to upper-middle income status as a milestone while emphasizing that poverty reduction remains a priority. Officials noted that economic growth is a long-term process that requires continued government intervention.
VANCOUVER - The Philippines' ascent to upper-middle income status is a "milestone" but is not the "finish line," Malaca ang yesterday said as it acknowledges the need to address the plight of millions of still impoverished Filipinos.
economypolitics
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