The Joint Foreign Chambers support the amendment to exempt PEZA from HB 4157 CITIRA because it preserves the immense gains over several decades of PEZA as a reliable and competitive administrative option for our investors seeking a foreign location for their manufacturing and IT/BPO projects.
| GDP*, 2017 | 6.7% y-o-y growth |
| GDP*, 2018 | 6.2% y-o-y growth |
| GDP Q2, 2019 | 5.5% y-o-y growth |
| Exports, 2017 | US$ 63.7 million |
| Exports, 2018 1H | US$ 32.7 million |
| FDI Inflows, 2017 |
US$ 8.7 billion
|
| FDI Inflows, 2018 |
US$ 6.5 billion
|
| Poverty Incidence, % of Pop, 2015 | 21.6% |
| Population, 2018 | 106.5 million |
| Income Classification (WB) | Lower Middle Income |
| *in constant 2000 prices | |
| **in current prices |
