Answer:
The Philippines has been one of the fastest-growing economies in the East Asia and Pacific Region. However, poverty has been slow to decline and remains high at 21.6 percent. Poverty in the Philippines is concentrated in rural areas and vulnerability to poverty, due to factors like disaster risks, are a major concern. Perennial typhoons and flooding have devastating economic and social impacts. Violent conflict in some parts of the country including in Mindanao has also disrupted the delivery of basic services and resulted in low human capital investment. Before the project was implemented in 2009, low health and education outcomes among poor children were largely a result of low spending on human development and social services, particularly health and social assistance programs; a fragmented approach to protect the poor and vulnerable; and the absence of an effective and objective system to identify poor and vulnerable households.
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