P64 na minimum budget para masabing 'di "food-poor" ang isang tao ayon sa neda,... | 24 Oras Weekend

Summary

The video script discusses the National Economic and Development Authority's (NEDA) statement that a daily food budget of PHP4 is sufficient to avoid being classified as 'food poor.' The report examines if this amount is realistic by visiting a market in Quezon City and calculating the cost of a sample menu from the Philippine Statistics Authority. It finds that a simple meal already exceeds the PHP4 limit, leading to questions about the adequacy of the poverty threshold, which has not been revised for over a decade. The script also highlights the need for a more accurate survey to determine the actual food requirements of Filipinos.

Takeaways

• 📉 The National Economic and Development Authority (NEDA) states that a daily food budget of PHP 40 is needed to avoid being classified as 'food poor'.
• 💸 A PHP 40 daily food budget is not sufficient to cover three meals a day for an individual, according to the report.
• 🥚 A sample breakfast consisting of scrambled eggs and coffee already costs PHP 50, exceeding the PHP 40 budget.
• 🍚 Lunch and dinner combined, with a simple menu of rice, fish, and vegetables, can reach PHP 8, which is beyond the daily budget.
• 🍞 For a PHP 40 budget, a person can only afford a small meal of pandesal (bread rolls) and a small sweet potato for merienda.
• 🛒 A group tried to shop for food items from the PSA (Philippine Statistics Authority) menu with a PHP 40 budget but could only buy a few basic items.
• 📈 The report suggests that the current poverty threshold and food budget standards need to be reviewed and adjusted for inflation.
• 🌾 The cost of rice, which is a staple food in the Philippines, is not included in the PHP 40 budget, adding to the inadequacy of the amount.
• 🤔 The report raises questions about the affordability of the PHP 40 daily food budget for three meals and the adequacy of the poverty threshold.
• 📊 There is a call for a more comprehensive survey to understand the actual nutritional needs and spending patterns of Filipinos on food.
• 📉 The economist in the report believes that the current standards for food budget and poverty threshold are outdated and should be updated.

Q & A

What is the current daily food budget suggested by NEDA to avoid being considered 'food poor'?

The National Economic and Development Authority (NEDA) suggests a daily food budget of PHP 4 to avoid being considered 'food poor'.

What is the cost of a sample breakfast menu according to the Philippine Statistics Authority?

The cost of a sample breakfast menu, which includes scrambled eggs and coffee, is PHP 50.

How much does a lunch meal consisting of monggo with dried fish, a fried banana, and fried tilapia with vegetables cost?

The lunch meal costs PHP 8.

What is the total budget for a merienda consisting of a pandesal and a small banana?

The total budget for the merienda is PHP 2.

What is the total cost of all the items on the PSA menu, excluding rice and other cooking ingredients?

The total cost of all the items on the PSA menu, excluding rice and other cooking ingredients, is PHP 17.45.

What additional items did the group try to purchase with a PHP 4 budget at the Commonwealth market?

The group was only able to purchase salt, two fried bananas, a piece of wood banana, and 1/4 kilo of rice with a PHP 4 budget.

What is the general sentiment of the shoppers regarding the PHP 4 budget for three meals a day?

The shoppers expressed that the PHP 4 budget is insufficient, as it is barely enough for breakfast and merienda, and not enough for lunch.

What does an economist suggest should be adjusted in relation to the daily food budget?

An economist suggests that the survey on the value of food for each Filipino should be adjusted according to inflation.

What is the importance of reviewing the nutritional requirements of the food that can be bought with PHP 4 a day?

Reviewing the nutritional requirements ensures that the food consumed meets the essential needs of the individuals, which is crucial for their health and well-being.

What does the report suggest about the price differences in different locations?

The report suggests that there are price differences in different locations due to varying inflation rates and local market conditions.

What is the current opinion on the adequacy of the PHP 4 daily food budget as stated by the report?

The report indicates that the PHP 4 daily food budget is insufficient, and there is a call for a more accurate survey to determine the actual needs of the citizens.

What is the recommendation regarding the poverty threshold set by NEDA?

The recommendation is to review the poverty threshold set by NEDA, as it has not been updated for over a decade.