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By 1981, the wealthiest 10% of the population was receiving twice as much income as the bottom 60%. [17] By 1981, the wealthiest 10% of the population was receiving twice as much income as the bottom 60%. [17] Poverty grew from 41% in the 1960s to 59% in 1986. [11] [18] [19] The unemployment rate increased from 3.9% in 1975 to 12.6% in 1985. [20]
Pantawid Pamilyang Pilipino Program (English: Bridging Program for the Filipino Family), also known as 4Ps and formerly Bangon Pamilyang Pilipino, is a conditional cash transfer program of the Philippine government under the Department of Social Welfare and Development. [1]
The Equity Release Council is the UK's equity release industry body that sets standards to protect consumers. Its members commit to following a set of five product standards: fixed or capped interest rates (for lifetime mortgages), the right to remain in the property, the right to move to another property, the ‘no negative equity guarantee ...
In addition, the disruption of the flow of imports for raw materials as a result from floods in Thailand and the tsunami in Japan affected the manufacturing sector in the same year. "The Philippines contributed more than $125 million as of end-2011 to the pool of money disbursed by the International Monetary Fund to help address the financial ...
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
The widely followed 4% rule suggests retirees can safely take out 4% of a conservatively allocated portfolio the first year, adjusting upward for inflation annually, with minimal risk of depletion ...
60 Reorganizing the Philippine Crop Insurance Corporation and transferring its attachment from the Department of Finance to the Department of Agriculture: May 13, 2024 [60] 61 Suspending the implementation of Administrative Order No. 25 (s. 2011) and Executive Order No. 80 (s. 2012), as amended June 3, 2024 [61] 62
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.