Davao Occidental emerges as 2nd fastest-growing economy in 2021 | Manuel Cayon

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Davao Occidental emerges as 2nd fastest-growing economy in 2021 | Manuel Cayon
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The newest province of Davao Occidental registered the second fastest-growing local economy in the region and among the few pilot provinces to emerge from the financially-debilitating Covid-19 pandemic.

DAVAO CITY—

“This represented an increase in the value of the Gross Provincial Domestic Product [GPDP] of P32.4 billion in 2020 to P34.4 billion in 2021,” Madulin told the Philippine Information Agency. The PSA started releasing annually last year the sub-regional level economic performances on the identified pilot provinces and highly urbanized cities. Davao Occidental was one of the pilot areas for PPA compilation in 2022.

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