Scribd Logo
Upload

Welcome to Scribd!

  • Rising Cost of Living in The Philippines

    Uploaded by

    Jhay Alkuino
    45 views1 page
    The cost of living in the Philippines is rising rapidly due to high inflation, with services and non-food items like electricity, water, food and beverages, and transportation being the top contributors to inflation. This is making it very difficult for citizens, especially marginalized groups, to get by with constant fuel price hikes and soaring costs of food, rent, groceries, and transportation. To address this, the new administration must boost domestic output through improving infrastructure connecting farmers to markets, enhancing public spending, and protecting the poor and vulnerable. Subsidies are only temporary fixes and will not solve the Philippines' ongoing issues with food insecurity.

    Original Description:

    This is all about the rising cost of living in the Philippines due to inflation.

    Original Title

    Rising cost of living in the Philippines

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The cost of living in the Philippines is rising rapidly due to high inflation, with services and non-food items like electricity, water, food and beverages, and transportation being the top contributors to inflation. This is making it very difficult for citizens, especially marginalized groups, to get by with constant fuel price hikes and soaring costs of food, rent, groceries, and transportation. To address this, the new administration must boost domestic output through improving infrastructure connecting farmers to markets, enhancing public spending, and protecting the poor and vulnerable. Subsidies are only temporary fixes and will not solve the Philippines' ongoing issues with food insecurity.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    45 views1 page

    Rising Cost of Living in The Philippines

    Uploaded by

    Jhay Alkuino
    The cost of living in the Philippines is rising rapidly due to high inflation, with services and non-food items like electricity, water, food and beverages, and transportation being the top contributors to inflation. This is making it very difficult for citizens, especially marginalized groups, to get by with constant fuel price hikes and soaring costs of food, rent, groceries, and transportation. To address this, the new administration must boost domestic output through improving infrastructure connecting farmers to markets, enhancing public spending, and protecting the poor and vulnerable. Subsidies are only temporary fixes and will not solve the Philippines' ongoing issues with food insecurity.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    John Jumarie M.

    Alkuino
    PSC31
    C-PSCE314
    Sir. Jumel Estranghero
    De La Salle University Dasmarinas

    Rising cost of living in the Philippines

    Like many countries around the world, the Philippines is facing skyrocketing Inflation.
    Services and non-food items such as electricity, water, food & beverage, and transport services
    are the top sources of Inflation. They are making it too hard for the citizens to adjust, especially
    the marginalized sectors of the country, with the non-stop fuel hike, soaring prices of foods and
    beverages, especially the shortage of onions, cost of rent, groceries, transportation fees, and
    other services. To combat this situation, the new administration must increase domestic output,
    which is currently constrained by several factors, including a need for more infrastructure
    connecting farmers and markets, improving the quality of public spending, and protecting the
    poor and vulnerable. Subsidies are only expensive Band-Aids that the nation can ill afford; they
    do not solve the Philippines' persistent food insecurity problems.

    You might also like