Search results
Results from the WOW.Com Content Network
In 1984 and 1985 the Philippines saw the worst recession in its history: the economy contracted by 7.3% for two successive years. [1] Data from the Philippine Statistics Authority for 1985 showed that poverty incidence in families was at 44.2%—4.3 percentage points higher than in 1991 during the presidency of Corazon Aquino.
The Build!Build! Build! Infrastructure Program (BBB) was the infrastructure program of the administration of Rodrigo Duterte, the 16th president of the Philippines.A key component of his socioeconomic policy, the program aimed to reduce poverty, encourage economic growth and reduce congestion in Metro Manila, and address the country's infrastructure gap.
After a boom driven by higher spendings made by government [who?] in 2021 and the economic growth of 5.5%, global output is assumed [needs update] to grow by only 4.0% in 2022 and 3.5% in 2023. [ 8 ] Large centralized economies needed to be careful about their decisions, because they could overwhelm small and starting businesses with too much ...
Download as PDF; Printable version; In other projects ... 25.2 25.5 24.9 23.8 18.2 ... people to reach their goals in their pursuit for economic recovery through ...
The Bayanihan to Recover as One Act, also known as Bayanihan 2, [1] and officially designated as Republic Act No. 11494, is a law in the Philippines that was enacted in September 2020 granting the President additional authority to combat the COVID-19 pandemic in the Philippines.
The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
Bacolod-Negros Occidental Economic Highway 2017– Under-construction December 2024 [4] Boracay Circumferential Road 2018–2022 Completed March 12, 2022 [5] Cagayan de Oro Coastal Road 1997– Under-construction Sariaya Bypass Construction Project Completed October 21, 2022 Davao City Coastal Road Project, including Bucana bridge 2017–
Marcos was proclaimed winner of the election in November 1969, and was inaugurated to his second term just before the new year, on December 30, 1969. The social impact of the 1969–1970 balance of payments crisis very quickly led to social unrest – so much so that Marcos went from winning the elections by a landslide in November to dodging effigies by protesters just two months later, in ...