Philippines: Jobs growth ‘key to poverty reduction in Mindanao’

11 Apr 18

The World Bank has called for action to bring down poverty rates in the Philippines’ Mindanao province, which accounts for one-third of the country’s poor but only a quarter of its population.

In report published with the Mindanao Development Authority and the Philippine Business for Social Progress (PBSP), the bank said the main challenge for the province was to create more and better jobs to reduce poverty.

, said efforts should focus on raising the productivity of the farming and fisheries sector and improving its access to local and global markets, investing in health, education, skills training, and social protection and strengthening institutions in areas affected by conflicts.

Miguel Dominguez, regional chair of PBSP, said: “Unlocking Mindanao’s potential could sustain the country’s growth momentum, create more income opportunities for the poor, and strengthen the prospects for peace.”

Mindanao accounts for 15% of the Philippines GDP and 40% of agricultural production, but its growth has been constrained by conflicts in some areas.

The bank urged action to deal with issues that fuel conflict including land ownership disputes, historical injustices, and weak governance.

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