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

GMA Integrated News
18 Aug 202403:46

Summary

TLDRThe 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  • 📉 The economist in the report believes that the current standards for food budget and poverty threshold are outdated and should be updated.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.

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Daily BudgetFood PovertyPhilippinesInflationNutritional NeedsEconomic SurveyPoverty ThresholdMarket PricesConsumer InsightsGMA News
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