Posts by tag: GDP

9 years ago

3Q 2013 General Government Debt to GDP improves to 39.7% from 44.3% in 2009

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As of September 2013, the country’s General Government (GG) Debt stood at P4.468 trillion or 39.7% of GDP, lower than 40.3% as of September 2012. The current GG debt is P4.468 trillion or 39.7% of GDP, slightly up quarter-on-quarter from P4.315 trillion or 39.1% of GDP as of June 2013, but has improved significantly since President Aquino took office in 2010.

9 years ago

CONTRAST

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Despite the Aquino government’s declaration of “great economic success” with the supposed 7.8 percent growth rate of the country’s Gross…