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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of end-June 2023, the total national debt of the Philippines amounts to ₱14.62 trillion ($264.49 billion). Total outstanding debt: ₱14.62 trillion ($264.49 billion) (58.3% of GDP) (December 2023)
May 13, 2024 at 2:05 PM. Home prices have surged 47.1% since the start of 2020, easily outstripping the gains seen in recent decades. That's according to a recent analysis by ResiClub of the Case ...
Maria DeJoseph Van Kerkhove (born February 20, 1977) is an American infectious disease epidemiologist.With a background in high-threat pathogens, Van Kerkhove specializes in emerging and re-emerging infectious diseases and is based in the Health Emergencies Program at the World Health Organization (WHO).
The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons.
On 1 January 2024, the Deputy Education Minister Wong Kah Woh encouraged teachers and students to wear face masks, and staff members to do self-tests if they have COVID-19 symptoms.
The last published rankings came from the "Doing Business 2020" report. Ranking of economies was introduced in the "Doing Business 2006" report. New Zealand topped the Ease of Doing Business rankings in 2017, 2018, 2019, and 2020. Singapore topped the Ease of Doing Business rankings in 2007–2016.
He oversaw the COVID-19 pandemic in the country, implementing strict lockdown measures causing in 2020 a 9.5% contraction in the country's GDP, which eventually recovered to 5.6% in 2021 following gradual reopening of the economy and implementing a nationwide vaccination drive.