Ekonomiya ng bansa, lumago sa 5.2% nitong 3rd quarter sa kabila ng iba’t ibang hamon

2 weeks ago

Ekonomiya ng bansa, lumago sa 5.2% nitong 3rd quarter sa kabila ng iba’t ibang hamon

Pamahalaan, patuloy na magpapatupad ng mga reporma para sa pagpapaunlad ng bansa ayon sa NEDA

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Transcript

00:00Despite the various challenges facing the country, the Philippine economy continued to grow in the first half of 2024.

00:10For more information on this, let's go to the center of the news, Noel Talacay Live.

00:17Now, the gross domestic product or the economy of the country has grown by 5.2% in the third quarter of 2024.

00:27According to the Philippine Statistic Authority or PSA.

00:33In a press conference earlier this morning, PSA said that some sectors that can contribute to the growth of the country's economy are

00:42wholesale and retail trade, repair of motor vehicles and motorcycles, financial and insurance activities, and construction.

00:52But if we compare it to the previous year in the same quarter, it slowed down by 0.8% because of the 6% GDP of 2023.

01:03According to the National Economic and Development Authority or NEDA, this is because the production of agriculture in the country

01:10decreased due to the calamity of Habagat and El Niño.

01:13The same is true for the production of fishing because of the fishing ban in Cavite and Bataan,

01:19which reached 29 days after the oil spill and the bad weather.

01:25Livestock production in the country also decreased due to the outbreak of African Swine Fever.

01:33Meanwhile, we strongly support the passage of the Conectadong Pinoy Bill

01:39to address the digital divide and support growth in the IT, BPM, and digital technology sector.

01:47Likewise, we will continue pushing for the passage of structural reforms included in the government's Common Legislative Agenda.

01:57These reforms aim to improve the economic efficiency, governance, and regulation of critical sectors.

02:06And the third, the Marcos administration remains steadfast in its goal of genuine social and economic transformation,

02:12leading our nation closer to a realizing a matatag, maginhawa, and panatag na buhay for all Filipinos.

02:42Noel, has NEDA mentioned a possible effect on the economy of US President-elect Donald Trump's victory?

03:12Thank you Noel Talacay.

Ekonomiya ng bansa, lumago sa 5.2% nitong 3rd quarter sa kabila ng iba’t ibang hamon

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Transcript

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