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.
April –
MONTH OF PLANET EARTH!
“Climate change, El Nino,
and the Middle East conflict
are wreaking havoc on Planet Earth.”
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
Monthly Observances:
April – Month of Planet Earth
Weekly Observances:
April 24-30 — World Immunization Week
Daily Observances:
Apr 5 — International Day of Conscience
Apr 7 — World Health Day
Apr 15 — International Day of Wellness
Apr 21 — Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health
at Work
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