RalphRecto.Ph

AUG

2024

Recto: PH continues to lead ASEAN with strong 6.3% Q2 GDP growth driven by robust construction and investments as Build Better More proceeds in full steam

PRESS RELEASE August 8, 2024 Finance Secretary Ralph G. Recto has underscored that the Philippine economy is once again among the frontrunners in the ASEAN region, posting a strong year-on-year (yoy) growth of 6.3% in the second quarter of 2024 driven by robust construction and

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TAG Build Better More, CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy), Department of Finance (DOF), Development Budget Coordination Committee (DBCC), Gross Domestic Product (GDP), Philippine economy, President Ferdinand Marcos Jr, Public-Private Partnership Code (PPP Code), Ralph Recto, unemployment

JAN

2024

PH’s full-year 2023 GDP growth strongest among major Asian economies

31 January 2024 The Philippines finished strong in 2023 with a full-year gross domestic product (GDP) growth rate of 5.6 percent, outpacing major economies in Asia, such as China (5.2 percent), Vietnam (5.0 percent), and Malaysia (3.8 percent) based on the latest available data.

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TAG Corporate Recovery and Tax Incentives for Enterprises (CREATE), Department of Finance (DOF), Foreign Investment Act, Gross Domestic Product (GDP), Philippine economy, Public Service Act, Ralph Recto, Renewable Energy Act, Retail Trade Liberalization Act

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Recto: PH continues to lead ASEAN with strong 6.3% Q2 GDP growth driven by robust construction and investments as Build Better More proceeds in full steam

PH’s full-year 2023 GDP growth strongest among major Asian economies