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The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of end-June 2023, the total national debt of the Philippines amounts to ₱14.62 trillion ($264.49 billion). [1] Total outstanding debt: ₱14.62 trillion ($264.49 billion) (58.3% of GDP) (December 2023) [2]
A working holiday which was first observed in 2020. This holiday aims to promote, protect, and safeguard the constitutionally guaranteed right to freedom of expression, speech and of the press in the Philippines especially in school campuses. July 27. Iglesia ni Cristo Day.
She would sign into law Republic Act 9492 the Holiday Economics Law on July 24, 2007 [3] which allows the observance of otherwise fixed public holidays except for New Year's Day on January 1, All Saint's Day on November 1, Christmas Day on December 25, and the last day of the year, December 31 to the nearest Monday.
Independence Day[ 1] ( Filipino: Araw ng Kasarinlán; also known as Araw ng Kalayaan, "Day of Freedom") is a national holiday in the Philippines observed annually on June 12, [ 2] commemorating the declaration of Philippine independence from Spain in 1898. [ 2] Since 1978, it has been the country's National Day .
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] 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.
Year-over-year, the CPI rose by 3.3%, down from its peak 12-month increase of 9.1% observed in June 2022. Lee anticipates additional progress in combating inflation.
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November 30, 2024. ( 2024-11-30) Frequency. annual. Bonifacio Day is a national holiday in the Philippines, commemorating Andrés Bonifacio, one of the country's national heroes. He was the founder and eventual Supremo of the Katipunan, a secret society that triggered the Philippine Revolution of 1896 against the Spanish Empire.