Cover of The Report: The Philippines 2012

The Report: The Philippines 2012

Although economic headwinds have thrown international markets off course, the Philippine economy has managed to stay on a relatively even keel. Local authorities note that while GDP growth slowed in 2011 relative to 2010 due to weak external demand and government underspending, household 

The Philippine economy grew by 3.7% in 2011, within the 3.6-4% growth range forecast by the National Economic and Development Authority (NEDA).

However, this is below the Development Budget Coordination Committee’s (DBCC) growth assumption of 4.5-5.5%, which is used for budgeting purposes, and the Philippine Development 

Interviews & Viewpoints

OBG & Philippines