October 18, 2017: *** The newly-restored Holy Trinity Parish Church of Loay is formally turned-over on Sunday October 15, 2017 from the National Historical Commission of the Philippines (NHCP) to the Diocese of Tagbilaran through Bishop Alberto Uy. ***For the very first time, Bohol landed among the 14 finalists in the search for thr Most Business-Friendly Province in the country. ***PDEA-Bohol Head Agent Nicholas Gomez admitted that the drug problem in Bohol persists despite the reduction of supply of shabu coming from Cebu. *** The administration of the Bohol District Jail is now planning to acquire an x-ray machine as part of its crackdown on the entry of contraband into the jail facility, said BDJ Warden Jail Chief Insp. Felipe Montejo. *** DILG-Bohol conducted People's Forum on Federalism on October 17, 2017 at JJ's Seafood Village with city/municipal information officers and CSO/Faith-Based Representatives as participants. ***Schools across the province are expected to conduct make-up classes in lieu of class suspensios due to the two-a nationwide raspot astrike, according toDepEdBohol SchoolVGovernace and Operations Division Chief Desiderio Delgero. ***The province is bent on making history by getting a UNESCO recognition as a global geological park, the first for Philippines. ***The symbolic unveiling of the Geomarker at the Chocolate Hills Complex on Sunday will boost Bohol's application for UNESCO declaration of the entire province as a global geological park.

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Friday, May 31, 2013

THE Aquino administration welcomed reports that the Philippine economy, as measured by the Gross Domestic Product (GDP) expanded by 7.8 percent in the first quarter of 2013, assuring that it remains focused on fostering inclusive growth.

Deputy Presidential Spokesperson Abigail F. Valte issued the statement during the regular press briefing in Malacanang on Thursday after the National Statistics Coordination Board (NSCB) reported that the Philippines’ GDP grew by 7.8 percent—the highest quarterly growth rate posted under the Aquino administration. 

Valte said that the GDP figure is also the highest in a non-presidential election year since 1988. 

"Based on initial readings, our economy outperformed that of all Asian economies in terms of first quarter growth, including China, which grew by 7.7 percent, Indonesia, which grew by 6.0 percent, and Malaysia, which grew by 4.1 percent. These results surpassed almost all market expectations," Valte said.

"Growth was felt in almost all sectors, most notably in local manufacturing, which grew by 9.7 percent. The continuation of government public expenditures was also key, increasing by 13.2 percent. This was helped by the growth in government spending in public construction, which expanded by 45.6 percent. By expenditure, capital formation likewise grew by 47.7 percent," she said. 

Valte said the business confidence and consumer optimism fuelled the GDP growth. 

"Without doubt, the confidence of both investors and consumers remains strong, as economic activity accelerates even in an uncertain global economic climate," she stressed.
Since the Aquino administration took office, the government has been working to drastically expand social safety nets to help the most vulnerable sector in country. 

"Most noteworthy is the four-fold increase in the budget of the Pantawid Pamilyang Pilipino Program, which to date has helped more than 3.9 million Filipino households. The recent election results show that the public has confidence in the President, and agrees with the direction the country is going," Valte said. 

The Aquino administration will continue to promote and expand policies that lead to a Philippines where no one is left behind, Valte said. (PND)

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