philippine economy grew by 72 in 2013
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Philippine economy grew by 7.2% in 2013

Arab Today, arab today

Arab Today, arab today Philippine economy grew by 7.2% in 2013

Manila - XINHUA

Philippine economy posted a growth of 7.2 percent in 2013 despite the series of calamities that struck the country in the last quarter of the year, the Philippine Statistical Authority (PSA) said Thursday. PSA said the country's economy managed to grow by 6.5 percent in the fourth quarter--a period when devastating natural disasters such as super typhoon Haiyan and a magnitude 7.2 earthquake hit central Philippines. "Economic performance could have been better without the disasters," National Economic and Development Authority (NEDA) Director General Arsenio Balisacan told reporters in a press briefing. Balisacan said the siege in southern Philippines has also affected the country's economy last year. Despite this, he said the Philippines remains as one of the " best performing" economies in Asia, just behind China which grew by 7.7 percent. PSA said Philippine economy in 2013 was boosted by the services and industry sectors. The services sector grew by 7.1 percent while the industry sector posted a growth of 9.5 percent. Balisacan said the strong performance of the industry sector was driven by the manufacturing sector which expanded by 10.5 percent. He said Philippine economy will continue to perform well this year. The government is targeting to grow gross domestic product by 6.5 to 7.5 percent in 2014.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

philippine economy grew by 72 in 2013 philippine economy grew by 72 in 2013

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

philippine economy grew by 72 in 2013 philippine economy grew by 72 in 2013

 



GMT 07:02 2017 Monday ,27 November

Nissan GT-R/C races at Silverstone

GMT 10:06 2015 Saturday ,27 June

Chevrolet lifts lid on 2016 Camaro Convertible

GMT 18:51 2018 Friday ,26 October

Four Palestinians killed by Israeli gunfire

GMT 03:14 2016 Wednesday ,28 December

Kiir: National dialogue will end civil war in S. Sudan

GMT 03:07 2017 Monday ,19 June

Syrian army declares ceasefire in Deraa

GMT 09:00 2014 Tuesday ,02 December

Jewels no money can buy on show in Florence

GMT 18:59 2017 Friday ,08 December

Morocco summons UNSC permanent members' envoys

GMT 10:00 2017 Thursday ,06 April

We are trying to re-raise Egyptian cotton value

GMT 21:43 2017 Tuesday ,07 March

Singer George Michael died of natural causes
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday