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2023 in the Philippines details notable events that occurred in the Philippines in 2023. On July 21, 2023, President Bongbong Marcos announced that the government will formally lift the COVID-19 state of public health emergency, marking the end of the three years of the pandemic. The emergency was officially lifted the following day.
Sugar Regulatory Administration (SRA) administrator Hermenegildo Serafica noted a decrease of sugar output in the Philippines for the 2021–22 crop year.Only 1.8 million metric tons (MT) was produced by June 15 in contrast to the 2.12 million MT output produced by June 13 of the 2020–21 crop year.
On January 5, 2023, the Philippines rapidly increased to a record-breaking 8.1% inflation from December 2022. [228] [229] In October 2022, the Japanese yen touched a 32-year low against the U.S. dollar, mainly because of the strength of the latter. [230] [231] In November, the Japanese core inflation rate reached a 41-year high of 3.7%. [232]
Business and economy. 2021–2023 global energy crisis. 2022–2023 Pakistan economic crisis. The government orders the closure of all shopping malls and retail markets by 8:30 p.m. daily as part of an energy conservation plan to offset increasing energy prices. Politics and elections
Quezon City, Philippines: Filmed by: Radio Television Malacañang [1] Participants: Bongbong Marcos Migz Zubiri Martin Romualdez: Languages: English, Filipino: Previous: 2022 State of the Nation Address: Next: 2024 State of the Nation Address: Website: econgress.gov.ph /sona2023 / stateofthenation.gov.ph /sona /2023 //
In January 2023, President Bongbong Marcos, who also serves concurrently as Secretary of Agriculture, approved the importation of 21,060 tons of onion. [1] The first shipments began to arrive on January 23. [ 10 ]
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
This work is in the public domain in the Philippines and possibly other jurisdictions because it is a work created by an officer or employee of the Government of the Philippines or any of its subdivisions and instrumentalities, including government-owned and/or controlled corporations, as part of their regularly prescribed official duties ...