Search results
Results From The WOW.Com Content Network
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable shelter financing for Filipinos.
Economy of the Philippines. All values, unless otherwise stated, are in US dollars. The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest ...
Other government departments were able to expand their investment and growths during the first quarter as well due to the increase in income. Insofar as expenditures go for the first quarter of 2018, the total amounted to ₱782.0 billion, growing by 27.1%, which also outstripped the 9.7% nominal GDP growth due to the estimated 40.0% increase ...
Philippine Business for Social Progress (PBSP) is the largest corporate-led social development foundation in the Philippines. [1] Founded in 1970, PBSP was the first in Asia to lead the promotion and practice of corporate social responsibility (CSR). [2] Comprising more than 260 businesses, PBSP operates nationwide programs in education, health ...
The Philippine Institute for Development Studies ( PIDS) is a government-owned and controlled corporation of the Philippine National Government. It was established in September 1977 to conduct research to help government planners. Its primary client is the National Economic and Development Authority. PIDS was established by Presidential Decree ...
In 2021, official government statistics reported that the Philippines had a poverty rate of 18.1%, [1] (or roughly 19.99 million Filipinos), significantly lower than the 49.2 percent recorded in 1985 through years of government poverty reduction efforts. [2] From 2018 to 2021, an estimated 2.3 million Filipinos fell into poverty amid the ...
The richest 10 percent, meanwhile, took a larger share of the income at 41.7 percent in 1980, up from 37.1 percent in 1970. [61] According to the FIES (Family Income and Expenditure Survey) conducted from 1965 to 1985, poverty incidence in the Philippines rose from 41 percent in 1965 to 58.9 percent in 1985.
Revenues and funding A comparative graph of Revenue and Tax Effort from 2001 to 2010 A comparative graph of Tax and Non-Tax Revenue contribution from 2001 to 2010. The Philippine government generates revenues mainly through personal and income tax collection, but a small portion of non-tax revenue is also collected through fees and licenses, privatization proceeds and income from other ...