A barangay police officer stands guard over Leveriza Street, Barangay 14, one of the communities in Pasay City placed on “special lockdown” since July 22 due to the high incidence of coronavirus cases in the area. The lockdown has since been extended to August 5. IMPLEMENTING a temporary basic income (TBI) to shield poor and near-poor households from external shocks may take as much as a percent of the country’s GDP, according to the United Nations Development Program (UNDP).
In the Philippines, the UNDP estimates that TBI beneficiaries could reach 59.85 million. This covers those with incomes below $5.50 a […]
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