Philippine Import Percentage Tops Amongst Other Asian Countries

Reports and news that states information about the blistering rise of our economy has been making rounds on all the news media to date. The bang recently took placed right after the national elections. Another proof is up to vouch for the undeniable growth of our economy.

The Philippines’ import percentage rose 11.7 percent in March according to the Philippine Statistics Authority (PSA). The report says that the import rose to $6.36 billion during the month, up from $5.69 billion that was reported in the same period last year.

Socioeconomic Planning Secretary Emmanuel F. Esguerra, also the director of the National Economic and Development Authority (NEDA) said, among the 11 selected Asian countries, the Philippines alone posted a positive growth of imports in March 2016. South Korea Malaysia and Taiwan showed the steepest declines.

Related News

See all