PH hits 6% GDP growth in first half

THE country’s economy grew faster at 6.3 percent in the second quarter of 2024, the fastest acceleration since the first quarter of 2023, the Philippine Statistics Authority (PSA) reported on Thursday, Aug. 8, 2024.
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Paanong lumago ang economy kung bagsak ang PESO at mataas ang inflation at interest rates?
Note: The PESO has been weakest ever since BBM took office in the last 10 years, as this graph shows.

Kahit na mataas ang remittance dahil sa taas ng Dollars eh nawawala din dahil sa taas ng inflation at ang mga utang ng mga OFWs ay mas tumaas.
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