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PH Debt Soars to P7.3T but Country’s Capacity to Pay Increased

Hitting a record-high of P7.3 trillion at the end of 2018, the country’s debt has posted a 9.6 percent increase from 2017, but the steady economic growth has raised the government’s capacity to pay these debts. Accounting for the 65.5...
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GDP Growth Rate under Duterte Admin’s First Year Highest Among Previous 5 Presidents

MANILA, Philippines- Compared with the past five presidents of the Philippines, the country’s gross domestic product (GDP) growth under the Duterte administration’s first full year is the highest. From 6.4 percent in the first quarter of 2017, the Philippines’ GDP...