Can a family of 5 members survive on P10,000 a month? NEDA shows you how

Image capture of video by GMA News via YouTube, Wikipedia, Balita DF, Balita Iloilo
  • The National Economic Development Authority (NEDA) said that ten thousand pesos (P10,000.00) is enough for a family of five members to live in a month
  • The budget was broken down into items commonly consumed by a Filipino household
  • However, NEDA clarified on Wednesday that it did not say that a family of five can live decently with P10,000 a month, and that it was only a “hypothetical figure”

The National Economic Development Authority (NEDA) said that ten thousand pesos (P10,000.00) is enough for a family of five members to live in a month.

“The budget was broken down into items commonly consumed by a Filipino household based on the Consumer Price Index (CPI) weights published by the Philippine Statistics Authority,” NEDA said.

Image by GMA News

The budget was cut into two main categories: food and non-food. P3,834 was allotted for food, while P6,008 was allotted for non-food like electricity, housing, transportation, etc.

Image by GMA News

In an experiment by GMA News, a sample household budget from the NEDA showed that P3,834 is enough for food of the same family of five members for 30 days.

The P3,834 monthly translated to P127 daily to feed the entire five persons.

“Siguro fifth level ka na nun. Hindi ka poor. Kasi ang poor, mababa ang poverty line,” said Undersecretary Rosemarie Edillon of NEDA. [Maybe you’ll be fifth level. You’re not poor, because the poverty line is way low.]

However, NEDA clarified on Wednesday that it did not say that a family of five can live decently with P10,000 a month.

NEDA Undersecretary Rosemarie Edillon said in an interview on Dobol B sa News TV that the P10,000 a month budget was only a “hypothetical figure” to demonstrate how a five-member family can apportion the money for certain commodities.

Watch this video shared by GMA News via YouTube:

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