Analysts: Solons must find other ways to cut poverty

Quick Summary:

Senators should offer an "alternative” economic program, one that should exclude unsustainable doleouts, to alleviate poverty in the Philippines, according to local economists.

Instead, the program must focus on labor-enhancing structural change,” he told this newspaper.

One, he said, is by focusing on regional development aimed at improving domestic production and to deviate from import dependence.“Second, the program should prioritize human capital formation, not too much infrastructure,” he added.

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Article Details

Author / Journalist: Andrea E. San Juan

Category: BusinessStartups

Markets: Philippines

Topics: Oplas Doleouts Lanzona Economic People Must Poverty Program Budget Senators Added

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 16:04:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 744 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28620826

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 74 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 14 hours ago

Coverage Areas: Philippines

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