Posts by tag: GDP

10 years ago

3Q 2013 General Government Debt to GDP improves to 39.7% from 44.3% in 2009


As of September 2013, the country’s General Government (GG) Debt stood at P4.468 trillion or 39.7% of GDP, lower than 40.3% as of September 2012. The current GG debt is P4.468 trillion or 39.7% of GDP, slightly up quarter-on-quarter from P4.315 trillion or 39.1% of GDP as of June 2013, but has improved significantly since President Aquino took office in 2010.

11 years ago



Despite the Aquino government’s declaration of “great economic success” with the supposed 7.8 percent growth rate of the country’s Gross…