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inequality

Rich-poor gap in PHL could be worse...

17 September, 2013 at 10:08

Inequality—or the gap between the rich and the poor—in the Philippines could be worse as the household-income surveys are probably not that

Arangkada Philippines is a comprehensive advocacy paper intended to share recommendations leading to the creation of $75 billion in new foreign investment, 10 million jobs and over one trillion pesos in revenue for the Philippine economy within this decade. In an increasingly interlinked and competitive world, accelerating growth is an imperative, not a choice. The Joint Foreign Chambers of Commerce in the Philippines (JFC) estimates that, to achieve these results, the country must focus on more rapid development of the Seven Big Winner Sectors and move twice as fast! [ Read more ]

GDP, 2013	7.3% growth
GDP, 4Q 2013	6.5% growth
GDP Per Capita, 2013	$2,587
Exports, 2013	7.2% to $75.8B
Exports, Jan. 2014	-4.7% to $4.38
FDI Inflows, 2013	20% to $3.86B
Poverty Rate, 2012	22.3%
Population, 2012	96.71 million
Classification (WB)	Lower Middle Income

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