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policies, and lower financing costs. Historically, the Philippines have been exposed to considerable fiscal risks, in part … abated, they still remain sizeable in the Philippines. To improve its risk management, the government is pursuing a program …
Persistent link: https://www.econbiz.de/10012247603
The economy expanded by 5.6 percent year-on-year in Q4 2023 as robust private consumption continued to fuel growth, while the recovery of tourism buoyed the expansion of services. The cumulative fiscal deficit declined in November 2023, while low external demand dampened goods exports, which...
Persistent link: https://www.econbiz.de/10014578988
The Philippine economy contracted by 10.0 percent, year-on-year, in the first three quarters of 2020, given the triple shock brought by the Coronavirus disease (COVID-19) pandemic. COVID-19 delivered a triple shock of a health crisis, strict containment measures, and a global recession of...
Persistent link: https://www.econbiz.de/10012647696
Persistent link: https://www.econbiz.de/10012246782
The Philippines economy posted robust growth in early 2010, in part due to large one-off factors. As did many countries … in the region, the Philippines benefited from a strong rebound in global trade. Manufacturing and investment activity … accommodative. A World Bank study of Philippines migration pattern during the global recession reveals that deployment of overseas …
Persistent link: https://www.econbiz.de/10012247380
The Philippine economy grew slower than expected at 3.7 percent in 2011, held back by weak public spending and external demand. In the fourth quarter (Q4), growth slightly improved at 3.7 percent. As in past quarters, growth was driven by remittance-fueled household consumption, which grew by...
Persistent link: https://www.econbiz.de/10012248037
The Philippine economy remained resilient to global headwinds in 2016. While a slower-than-expected global recovery weakened net exports, surging domestic demands pushed the annual GDP growth rate to 6.8 percent, year-on-year. Investment drove economy-wide growth for the first time since 2013,...
Persistent link: https://www.econbiz.de/10012248195
-post economic analyses of CDD programs in Burkina Faso, Indonesia and the Philippines. In all cases, the overall portfolio had …
Persistent link: https://www.econbiz.de/10012556259
The Philippines Economic Update (PEU) summarizes key economic and social developments, important policy changes, and … economic development of the Philippines …
Persistent link: https://www.econbiz.de/10014578972
Gross domestic product (GDP) growth moderated to 4.3 percent in Q2 2023 owing to a slowdown in domestic and external demand. Manufacturing and services continued to weaken in June, although leading indicators suggest a stronger expansion in July. External demand for goods exports softened in...
Persistent link: https://www.econbiz.de/10014579951