MANILA, Philippines (UPDATE) – The local economy likely grew between 6.2% and 7.2% in the fourth quarter from a year earlier, pushing full-year growth to 7% to 7.4%, the head of the National Economic and Development Authority (NEDA) said on Tuesday.
One of the drivers was the rebound in the farm sector during the last quarter of 2010, NEDA director-general Cayetano Paderanga told reporters.
The government has kept a gross domestic product (GDP) growth target of 5% to 6% for 2010 ever after higher-than-expected growth in the first half.
GDP grew by 7.9% and 7.8% in the second and first quarters, respectively, before slowing down to 6.5% in the third as the effect of government pump-priming and election spending faded.
For 2011, Paderanga has said economic expansion was expected to be “more modest.”
Nonetheless, the government is maintaining a 7% to 8% growth target range for this year.
The government will announce official fourth-quarter growth data on Jan. 31. –Reuters
20 February –
WORLD DAY OF SOCIAL JUSTICE
“Every day, give everyone their due.
Every day should be Social Justice Day!
The only way”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
February Observances
1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
for Female Genital Mutilation
11 Feb: International Day of Women and Girls
in Science
20 Feb: World Day of Social Justice
Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the Prevention of Child Sexual Abuse
and Exploitation
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day
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