By: Ben O. de Vera, INQUIRER.net, 9 Nov 2021
MANILA, Philippines—As the economy further reopened, the Philippines’ gross domestic product (GDP) grew 7.1 percent year-on-year in the third quarter, above expectations although slower than second-quarter expansion GDP or the goods and services produced in the country from July to September was also 3.8-percent larger than output from April to June.
In the third quarter of 2020, GDP shrank by 11.6 percent year-on-year amid the then prolonged COVID-19 lockdowns which stopped some economic activities.
The lower third-quarter growth was expected compared to the second quarter’s 12-percent jump, which had benefited from the low-base effect caused by the most stringent enhanced community quarantine (ECQ) imposed from mid-March to May 2020, which ground to a halt 75 percent of the economy.
The government targets 4-5 percent GDP growth in 2021, which Socioeconomic Planning Secretary Karl Kendrick Chua said was attainable given the third-quarter outturn.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
