President's Report

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2007 President's Report

SK ANTONIO B. BORROMEO

Favorable economic conditions fueled by a strong peso and stable interest rates; resilient agriculture sector and exports; election-related spending; and, increase in government investment in infrastructure drove the country's Gross Domestic Product to impressive growth rates compared to previous year. Likewise, growing remittances from overseas workers boosted Gross National Product to substantial improvements over 2006.  read more »

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