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Central Visayas’ economy grows by 7.6 in 2018

 

The Gross Regional Domestic Product (GRDP) of Central Visayas in 2018 accelerated to 7.6 percent, from the 5.2 percent growth in 2017. This was driven by the acceleration in Services and Industry. Of the 7.6 growth rate of the region’s economy, Services contributed the most with 3.9 percentage points followed by the Industry with 3.6 percentage points; and Agriculture, Hunting, Forestry and Fishing at 0.1 percentage point.
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).