Current status of philippine economy

Answer 1

the status of our country is very complecated
The Philippine economy seems comparatively well-equipped to weather the global financial crisis in the short term as a result of the efforts over the past few years to control the fiscal deficit, bring down debt ratios, and adopt internationally-accepted banking sector capital adequacy standards. The Philippine banking sector -- which comprises 80% of total financial system resources -- has limited direct exposure to distressed financial institutions overseas (i.e., $2 billion, less than 2 percent of aggregate banking system assets). Conservative regulatory policies, including the prohibition of investments in structured products, shielded the insurance sector from exposure to distressed financial firms. While direct financial exposure to problematic investments and financial institutions is limited, the impact of external shocks to economic growth, poverty alleviation, employment, remittances, credit availability, and overall investment prospects is a concern.
The Philippines is still in the third world which means the economy is still not stable.

Answer 2

Yawa mo dili mo katubag pisti

yawa mo dili mo katubag pisti

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ikay boang abnormalon gamay ug utok nga bogo