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Despite improvements in recent years, poverty in the Philippines remains high, and the pace of poverty reduction has been slower compared to other East Asian countries. Economic growth in the Philippines was less inclusive and slower than in high-performing neighbors, resulting in a lag in poverty reduction. Between 2006 and 2015, the country's poverty rate, measured by the international poverty line (US$1.90/day), declined by only 0.9 percentage points annually, compared to 2–2.5 percentage points in China, Indonesia, and Vietnam. When measured by the lower-middle-income-class poverty line (US$3.20/day), poverty declined by just 1.3 percentage points annually, while same three countries saw reductions of 3–5 percentage points.
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