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Educational spending likewise increased from only Ps 9.3 Billion in 2001 to Ps 22.7 Billion by 2009. The cost of medicines was brought down by as much as 50% as a result of the Cheaper Medicines Act and the opening of Botikas ng Bayan and Botikas ng Barangay, while the ground-breaking conditional cash transfers (CCT) program was adapted from ...
Nominal loss (billion) USD FX rate at period end [36] USD equivalent loss (billion) USD inflation to June 2011 [37] USD real loss (billion) 1: American International Group (AIG) Insurance Financial services United States: 2008: 4Q: 31 December 2008: $61.66 [66] 1: $61.66: 7.37%: $66.2 2: Fannie Mae: Government-sponsored enterprise Public ...
On 4 June 2021 reserves exceeded $600 billion for the first time and they became the fifth country after Switzerland to do so. [204] During the 1991 Indian economic crisis country only had $5 billion of reserves left which led to subsequent economic liberalisation. [205] Since then the reserves have seen a 127 times increase over 30 years.
The Philippines annualized population growth rate between the years 2015–2020 was 1.53%. [6] According to the 2020 census, the population of the Philippines is 109,033,245. [7] The first census in the Philippines was held in the year 1591 which counted 667,612 people. [8]
33,424 (2020) [19] An overseas Filipino (Filipino: Pilipino sa ibayong-dagat) is a person of full or partial Filipino origin who trace their ancestry back to the Philippines but are living and working outside of the country. They get jobs in countries, and they move to live in countries that they get jobs in.
Global debt refers to the total amount of money owed by all sectors, including governments, businesses, and households worldwide. [1] As of 2022, global debt was the equivalent of 305 trillion USD. This including debt by both public and private debtors. [2] The total external debt owed by public and private debtors to creditors in other ...
Philippine Airlines (PAL) is the flag carrier of the Philippines. [11] Headquartered at the PNB Financial Center in Pasay, the airline was founded in 1941 and is the oldest operating commercial airline in Asia. [12][13][14][note 2] The airline's main flight operations are located at Ninoy Aquino International Airport in Metro Manila.
However, in March 1967, GTE disposed of their 28% controlling interest in PLDT. Which is why on November 7, 1967, the Philippines Telecommunications Investment Corporation (PTIC) was registered to buy GTE's controlling interest. Ramon Cojuangco, who was part of one of the most influential clans in Philippine history, was a main incorporator ...