Regional Accounts

PSA Central Visayas hosts the training on Regional Accounts for Visayas Group

PSA Central Visayas hosts the training on Regional Accounts  for Visayas Group

The Philippine Statistics Authority (PSA) Visayas Regions converged in Cebu for a two-day training/workshop on the regional accounts on 12-13 October 2017 at Pacific Cebu Resort International in Lapu-Lapu City. This training was initiated by the Production and Expenditure Accounts Division of the Macroeconomic Accounts Service of PSA. There were four (4) participants each from Western and Eastern Visayas and ten (10) from Central Visayas. The PSA Central Office team was headed by the division chiefsMr. Florande S. Polistico of Production Accounts Division (PAD) and Mr. Mark C. Pascasio of Expenditure Accounts Division (EAD).

Economic Performance of Central Visayas grows by 8.8 percent in 2016

The economy of Central Visayas accelerated to 8.8 percent in 2016, higher than the 4.9 percent growth recorded in 2015. The continued growth was attributed to the upsurge in Industry.

Services remained to account for the largest share in the region’s economic output with 55.5 percent. Industry followed at 39.1 percent and Agriculture, Hunting. Forestry and Fishing (AHFF) at 5.4 percent.

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