House Bill (HB) 5828

Solons hit backdoor attempt to liberalize public...

30 August, 2017 at 15:58

Members of the so-called Magnificent 7 in the House of Representatives on Tuesday vowed to challenge the constitutionality of House Bill (HB) 5828, which sets the statutory definition of public utilities, once the priority measure is enacted into law.

GDP*, 2015	5.9% y-o-y growth
GDP*, 2016	6.8% y-o-y growth
GDP Per Capita, 2016f	$3,569
Exports**, 2015	$58.83 billion (revised)
Exports**, 2016	$56.23 billion (preliminary)
FDI Inflows, 2015	$5.8B (revised)
FDI Inflows, Jan-Dec 2016	$7.9B
Poverty Incidence, % of Pop, 2015	21.6%
Population, 2017	103.8 million
Income Classification (WB)	Lower Middle Income
*in constant 2000 prices
**in current prices

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