Tag: gdp
UN official calls for debt relief for middle-income nations
The head of the United Nations General Assembly (UNGA) is calling for a debt relief, as well as equitable access to new technologies, for middle-income countries.
The 110 middle-income countries, which...
World travel and tourism industry to reach $9.5T in 2023
The world travel and tourism industry is forecast to reach $9.5 trillion in 2023, according to new research by an industry group, almost reaching pre-pandemic levels.
Having...
BSP sees PH economy regaining post-pandemic vigor in 2022
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno forecasts
the Philippine economy regaining its previous vigor starting in the
last quarter of 2022.
“On the aggregate level,...
PH economy shrinks by 4.2%
The Philippine economy stayed in recession in the first quarter of the year as the gross domestic product (GDP) slid by 4.2 percent.
The reported...
2020 GDP contraction hits lowest point in 36 years
The Philippine economy shrank by a record 9.5 percent in 2020, the lowest since 1984, but is expected to stage a strong recovery before the end of...
