Philippines will be a trillion-dollar club member

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

NIGHT OWL By ANNA MAE Y. LAMENTILLO The economy of the Philippines is the world's 28th largest economy by GDP (Purchasing Power Parity) according to the 2018 estimate of the International Monetary Fund. Under the administration of

The economy of the Philippines is the world’s 28th largest economy by GDP according to the 2018 estimate of the International Monetary Fund. Under the administration of President Rodrigo Duterte, Philippines recorded a GDP of 956 billion in 2018. If the Philippines is able to maintain its projected GDP Growth of 6.

According to NEDA Undersecretary Adoracion Navarro, the growth in per capita income of the bottom 30 percent of households picked up significantly to 29.2 percent in the 2015-2018 period from only 20.6 percent in the 2012-2015 period. This implies an increase in real incomes of the poor, which has helped in reducing poverty among Filipino families and individuals.

Under the administration of President Rodrigo Roa Duterte, Department of Public Works and Highways Secretary Mark Villar said the agency has built a total of 6,157 km of roads, 2,403 bridges, and 3066 flood mitigation structures since assuming the post in July, 2016.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

yellows, please read this. Understand, please. then, let's all unite. Accept these wonderful developments. Tutal, Pilipino tayo pare-pareho. Mag kaisa na tayo. Iyan naman ang gusto ng ating Pangulong Duterte. FORWARD, PHILIPPINES!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines