By: Ben O. de Vera, INQ, 23 Jan 2020
MANILA, Philippines — The Philippine economy grew 5.9 percent in 2019, its slowest pace in eight years, no thanks to delayed approval of last year’s national budget.
The Philippine Statistics Authority (PSA) on Thursday reported that the gross domestic product (GDP) grew 6.4 percent in the fourth quarter of 2019.
While fourth-quarter GDP expansion was the fastest quarterly growth that year, it failed to lift the full-year figure to within the government’s downscaled 6-6.5 percent target range.
Based on the latest PSA data, GDP growth in 2019 was the lowest annual rate since 2011’s 3.7 percent.
As early as Wednesday, Socioeconomic Planning Secretary Ernesto M. Pernia already conceded that achieving last year’s growth goal was “unlikely” after the PSA revised the third-quarter figure to 6 percent from 6.2 percent previously.
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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