The food, fuel, finance crisis: The Philippines under the spotlight
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Loading... - Maaroufi Farida
- 14 Mar 2023
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This project looks at the impact of the global food, fuel and finance crisis in 10 different countries, and what this means for older people who are often overlooked, despite their very specific needs.
We now turn the spotlight on the situation of older people in the Philippines, the sixth country in this series.
The effect of several crises is taking a toll on the Philippines
The Philippines is not new to struggling through one crisis after another. However, the relentless shocks brought about by climate change-related disasters, combined with recent economic blows including the COVID-19 pandemic and Russia-Ukraine war, have plunged the country into inflation, debt, and crisis.
The COVID-19 pandemic has been brutal to the country - In April 2020, there were 12.9 million unemployed people, with almost 19 million families facing income losses without savings in the third quarter of 2020, and 15.5 million families going hungry.
The service and tourism industries have been battered due to the lockdown and quarantine restrictions, making it even harder for Filipinos to earn enough to make ends meet.
And climate change is battering the country - since 2020, the country has been hit by 54 tropical cyclones, severely draining Filipinos’ already depleted resources. Read More…
