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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
In the Philippines, local government is divided into three levels: provinces and independent cities, component cities and municipalities, and barangays, all of which are collectively known as local government units ( LGUs ). In some areas, above provinces and independent chartered cities are autonomous regions, such as the Bangsamoro Autonomous ...
www .dswd .gov .ph. The Philippines ' Department of Social Welfare and Development ( Filipino: Kagawaran ng Kagalingan at Pagpapaunlad Panlipunan, [2] abbreviated as DSWD) is the executive department of the Philippine Government responsible for the protection of the social welfare of rights of Filipinos and to promote the social development.
Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by employment laws, organisation or legal contracts.
In fact, in a blog post he proclaimed “invest[ing]15% of your income in tax-advantaged retirement accounts” as the second principle of his investing philosophy.
The Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia. In the western Pacific Ocean , it consists of 7,641 islands , with a total area of 300,000 square kilometers, [17] which are broadly categorized in three main geographical divisions from north to south: Luzon , Visayas , and Mindanao .
In 2014, Legazpi's locally generated income reached Php338.2 million, with total income (including IRA) at Php711.1 million. In the same year, Legazpi ranked first among cities in Bicol in terms of tax collection efficiency.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
Website. econgress .gov .ph. The Congress of the Philippines ( Filipino: Kongreso ng Pilipinas) is the legislature of the national government of the Philippines. It is bicameral, composed of an upper body, the Senate, and a lower body, the House of Representatives, [3] although colloquially, the term "Congress" commonly refers to just the latter.
The COVID-19 pandemic has had a considerable impact on female education. Female education relates to the unequal social norms and the specific forms of discrimination that girls face. In 2018, 130 million girls worldwide were out of school, and only two out of three girls were enrolled in secondary education.