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Thursday, August 21, 2025

Tag: GDP

Tourism economic contribution rose 11.2% to P2.35t in 2024, says PSA

The economic contribution of the tourism sector in the Philippines grew 11.2 percent year-on-year in 2024, the Philippine Statistics Authority (PSA) said Thursday. Data from...

Marcos gov’t inherits P12.79-t debt from past administrations

The Philippine government is focused on managing its substantial inherited debt by accelerating economic growth, aiming to bring borrowings down to a sustainable level...

BMI keeps 2025 GDP growth forecast at 5.4%

BMI, a unit of Fitch Solutions, kept its economic growth projection for the Philippines this year amid increasing global trade tensions. “We recently revised our...

Philippines’ GDP grew 5.4% in first quarter of 2025

The Philippine economy grew 5.4 percent year-on-year in the first quarter of 2025, the Philippine Statistics Authority (PSA) said Thursday. This was slower than the...

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