Dossier
Ann Michelle Federez-Abato
Coverage of Ann Michelle Federez-Abato in the Nexus archive.
- Philippines got an economic upgrade, yet many Filipinos feel it’s no ‘big deal’
The World Bank recently upgraded the Philippines to an upper-middle-income country based on a 2025 gross national income (GNI) per capita of $4,850, surpassing the $4,636 threshold. However, many Filipinos, like Ann Michelle Federez-Abato, express skepticism, citing rising living costs, debt, and stagnant wages as evidence that the classification offers little tangible benefit.