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Since the onset of the global financial crisis, the agro-processing industry has been pushed in the limelight. Despite its relative insignificance (compared to other sectors such as electronics and services) to overall economic growth in recent years, the agro-processing industry in the Philippines has proven to be one of the more reliable sources of growth for the domestic economy. In general, its gross value added is on an upward
trend, growing moderately at an annual average of 4.6% from 2000 to 2008. The temporary decline in its exports by 20% in the first quarter of 2009 has been compensated by a rise in its gross value added by 0.26% with its food processing subsector remaining robust registering a 3.4% increase. This indicates the growing demand for agro-processed products domestically. >>read complete document

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Panel Bot Budgetg Brieferbudget Briefer

 

 

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer