Philippines has been one of the most populated countries in the world. As a developing nation, rapid population growth affects the economic growth of the country. Base on the study conducted of the U.P school of Economics, it shows that the major populations of the country are composed of poor people, which worsens the poverty situation. The country’s budget for basic services has said to be affected by the enlarging numbers of the growing population of the poor, because as family size increases, mean per capita income, mean per capita expenditure and mean per capita savings will all decrease. And even the mean education expenditure per students, mean health expenditure per sick member and mean health expenditure per capita decreases as family size increases. These facts show a direct correlation between the increasing population and its effects on economic development. As a result of financial crises, undesirable effects of these would be malnutrition, poor economic growth, bad living conditions, child labor and increasing rate of crimes. Considering the status of the country, the efficient way to solve the population issue is to focus on effective family planning such providing services towards providing a right information on planning one’s family. The government should also focus on educating the poor, and giving more attention to agricultural services. Most poor population of the country is from those rural areas whose main way of living is farming, fishing and kaingin.…