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  2. Economy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_Philippines

    The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] 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 .

  3. 2023 in the Philippines - Wikipedia

    en.wikipedia.org/wiki/2023_in_the_Philippines

    2023 in the Philippines details notable events that occurred in the Philippines in 2023. On July 21, 2023, President Bongbong Marcos announced that the government will formally lift the COVID-19 state of public health emergency, marking the end of the three years of the pandemic.

  4. Philippines - Wikipedia

    en.wikipedia.org/wiki/Philippines

    The Philippine economy is the world's 34th largest, with an estimated 2023 nominal gross domestic product of US$435.7 billion. [13] As a newly industrialized country , [ 375 ] [ 376 ] the Philippine economy has been transitioning from an agricultural base to one with more emphasis on services and manufacturing.

  5. Philippines eyes constitutional amendments to ease economic ...

    www.aol.com/news/philippines-eyes-constitutional...

    MANILA (Reuters) - Philippine lawmakers are considering efforts to amend the country's constitution to ease restrictive provisions on economic ownership, a top congressional leader said on Monday.

  6. Philippines' Marcos signals continuity ahead with new ... - AOL

    www.aol.com/news/philippines-marcos-names...

    MANILA (Reuters) -Philippines President-elect Ferdinand Marcos gave strong indications that he will maintain continuity in economic policy through his picks for central bank governor and finance ...

  7. Maharlika Wealth Fund - Wikipedia

    en.wikipedia.org/wiki/Maharlika_Wealth_Fund

    In late November 2022, seven lawmakers in the Philippine House of Representatives, including Martin Romualdez and Sandro Marcos, filed House Bill No. 6398, [b] proposing the creation of a sovereign wealth fund for the Philippines to be known as the Maharlika Wealth Fund (MWF), inspired from South Korea's sovereign wealth fund.

  8. Monetary policy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_the...

    In the Philippines, monetary policy is the way the central bank, the Bangko Sentral ng Pilipinas, controls the supply and availability of money, the cost of money, and the rate of interest. With fiscal policy (government spending and taxes), monetary policy allows the government to influence the economy, control inflation, and stabilize ...

  9. Poverty in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Poverty_in_the_Philippines

    Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.