Poverty
Poverty in the region decreased by 1.7% from 44.7% in 1997 to 42.9% in 2000. Another positive development is the increase in the regional annual family income based on the 1997 and 2000 Family Income and Expenditure Survey, which increased by 13.65% from PhP 71,7126.00 in 1997 to PhP 81,519.00 in 2000. Regional annual family expenditures also posted a 16.65% increase, from PhP 61,815.00 in 1997 to PhP 72,108.00 in 2000. The average annual savings slipped by 5% from PhP 9,911.00 to PhP 9,411.00. Poverty incidence data for 2003 is not yet available.
On a national and Mindanao-wide perspective, Caraga Region is one of the most impoverished regions in the country. The region has the fourth highest poverty incidence level of families among all the regions in the country for years 1997 and 2000 while among Mindanao regions, Caraga has the third highest poverty incidence (in terms of incidence of families).
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Famous quotes containing the word poverty:
“It was not important that they survive.
What mattered was that they should bear
Some lineament or character,
Some affluence, if only half-perceived,
In the poverty of their words,
Of the planet of which they were part.”
—Wallace Stevens (1879–1955)
““It’s a wery remarkable circumstance, sir”, said Sam, “that poverty and oysters seems to go together.””
—Charles Dickens (1812–1870)
“For where’er the sun does shine,
And where’er the rain does fall,
Babe can never hunger there,
Nor poverty the mind appall.”
—William Blake (1757–1827)