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The 2023 Corruption Perceptions Index scored the Philippines at 34. When ranked by score, the Philippines ranked 115th among the 180 countries in the 2023 Index. For comparison with worldwide scores, the best score was 90 (ranked 1), the worst score was 11 (ranked 180), and the average score was 43.
The Philippine Charity Sweepstakes Office ( PCSO, Filipino: Tanggapan sa Charity Sweepstakes ng Pilipinas [2]) is a government-owned and controlled corporation of the Philippines under direct supervision of the Office of the President of the Philippines. It is mandated to do fund raising and provide funds for health programs, medical assistance ...
U.S. Vice President Kamala Harris meeting with Philippine Vice President Sara Duterte in Manila, November 21, 2022. Philippines–United States relations ( Filipino: Ugnayang Pilipinas at Estados Unidos) are the bilateral and diplomatic relations of the Republic of the Philippines and the United States of America.
The Internal Revenue Allotment (IRA) is a local government unit ’s (LGU) share of revenues from the Philippine national government. Provinces, independent cities, component cities, municipalities, and barangays each get a separate allotment. The allotment is largely based upon the type of government they are and a formula based upon their ...
As a result of the 1986 tax reform program, average tax effort rose to 13.1 percent during the Aquino administration (1986–1992) and to 16.2 percent during the Ramos administration (1993–1998). Revenue effort rose steadily until the next round of tax reforms. Tax effort increased from 10.7% in 1985 to 15.4% in 1992, then peaked at 17.0% in ...
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 .
Miss Universe Philippines 2023 was the fourth edition of the Miss Universe Philippines competition held on May 13, 2023, at the SM Mall of Asia Arena in Bay City, Pasay, Metro Manila, Philippines. [1] [2] Michelle Dee of Makati was crowned by Celeste Cortesi of Pasay as her successor at the end of the event. [3] [4] Dee went on to represent the ...
The global minimum corporate tax rate, or simply the global minimum tax (abbreviated GMCT or GMCTR ), is a minimum rate of tax on corporate income internationally agreed upon and accepted by individual jurisdictions in the OECD / G20 Inclusive Framework. Each country would be eligible for a share of revenue generated by the tax.