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THE premium or tax that poor Filipinos pay due to their limited financial resources is a direct result of decades-worth of “low, irregular, and uncertain incomes,” according to Ibon Foundation Inc. Ibon Foundation Executive Director Sonny Africa told BusinessMirror that the majority or around 70 to 80 percent of poor…
Says cost-of-living crisis is continuing to push people in Asia and the Pacific into extreme poverty.
Pakistan, India ahead of Bangladesh in bribery: ADB
SMALL purchases, bad roads, and low access to credit are among the factors that make poverty expensive in the Philippines and in other countries in the Asia and the Pacific region, according to the Asian Development Bank (ADB). At the launch of the Key Indicators for Asia and the Pacific…
The incidence of bribe requests in Bangladesh is less than in India and Pakistan, according to a recent report from the Asian Development Bank.