Economy

PH debt hits P13.75-T in end-Feb 2023

The country’s total outstanding debt reached P13.75 trillion as of the end of February this year, an increase of 0.4% from the previous month primarily due to the net issuance of domestic securities, the Bureau of Treasury (BTr) said on Thursday, March 30.

Overseas Filipinos’ January personal remittances up by 3.5% to $3.1-B 

By Katrina Gracia Consebido   Overseas Filipinos (OFs) sent over $3.7 billion in personal remittances in January 2023, up by 3.5%, the Bangko Sentral ng Pilipinas (BSP) said.  According to the BSP, land-based workers...

Ilocos Region inflation rate down to 8.3% in Feb

The inflation rate in the Ilocos Region has declined from 9.3 percent in January this year to 8.3 percent in February.

NEDA board OKs 194 infra projects

The National Economic and Development Authority (NEDA) board on Thursday, March 9, approved 194 high-impact priority projects under the Infrastructure Flagship Projects (IFPs) and amendments to the 2013 Joint Venture (JV) Guidelines.

BSP official: PH inflation to be within gov’t’s target by 4Q of 2023 to 2024

By Katrina Gracia Consebido   A Bangko Sentral ng Pilipinas (BSP) official said the Bank expects the country’s inflation “to be within the government’s target” by the third or fourth quarter of 2023...

PH economy improves by 7.6% in 2022, beats target 

By Katrina Gracia Consebido   The Philippine gross domestic product (GDP) increased by 7.2% in the fourth quarter of 2022, bringing the full year GDP growth to 7.6%, the Philippine Statistics Authority (PSA)...

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