Tagged: Economic Performance
Last modified on August 10, 2023 August 10, 2023 – As the Philippine Statistics Authority reported, the Philippines’ gross domestic product (GDP) for the second quarter of 2023 expanded at a moderate pace of...
We entered 2020 with the prospects of becoming an upper middle-income country two years ahead of our 2022 target. Earlier in 2018, we achieved a record low poverty rate of 16.7 percent of the population, lifting some six million Filipinos out of poverty four years ahead of our target.
MANILA – As external challenges remain in the region, merchandise trade growth in the Philippines and in most Asian economies softened in December 2018, the National Economic and Development Authority said. “Merchandise trade in...