(Eagle News)– The Philippines’ gross domestic product fell 8.3 percent year-on-year during the fourth quarter, a reversal of the 6.7 percent growth recorded in the same quarter in 2019, pre-COVID-19 pandemic. The Philippine Statistics Authority said the -8.3 percent compares to the -11.4 percent posted in the third quarter of 2020, completing the Philippine economy’s full-year contraction, with 2020 GDP shrinking at an overall 9.5 percent. The -9.5 percent GDP is the biggest Philippine economy […]