LAGAWE, Ifugao (PIA)--Philippine Statistics Authority -Cordillera Chief Statistical Specialist Aldrin Federico Bahit Jr. congratulated the province for its big stride in the Poverty Incidence (PI) for 2021 with 8.1 percent and now belongs to Cluster 5 or the least poor cluster.
Ifugao province recorded significant improvements in PI since 2015 with 42.40% PI belonging to Cluster 3. It was reduced in 2018 to 14.5% PI improving to Cluster 4. Cluster 1 indicates the poorest cluster.
This means that the province has 17,100 poor individuals in 2021 as compared to 30,100 poor individuals in 2018.
Bahit praised the efforts of the Provincial Planning and Development Office, the provincial and local government units in reducing the PI in Ifugao from being part of Club 20 or the 20 poorest provinces in the 1990’s and making it to the list of least poor cluster in 2021.
Poverty incidence refers to individuals in the province belonging to the poor population whose incomes are not sufficient to purchase minimum basic food and non-food needs or are below the poverty threshold.
Bahit shared the news during the first-ever Provincial Product Accounts (PPA) Data Dissemination Forum on the Economic Performance of the Ifugao Province for the year 2018 to 2021 held at KGI Mountainside Hotel, Poblacion West in this town.