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MORE SPENDING. Shoppers in downtown Tacloban City in this Dec. 23, 2021 photo. High expenditures in Eastern Visayas in 2021 have contributed largely to the revival of the economy slowed down by pandemic movement restriction, an official of the National Economic and Development Authority said on Friday (April 29, 2022).(Photo courtesy of PRTV Tacloban) TACLOBAN CITY - High expenditures in Eastern Visayas in 2021 have contributed largely to the revival of the economy slowed down by pandemic movement restriction, an official of the National Economic and Development Authority (NEDA) said on Friday. Household consumption rose to 10.2 percent last year, up from the negative 7.9 percent in 2020, NEDA Eastern Visayas Regional Director Bonifacio Uy said in a statement. A report from the Philippine Statistics Authority (PSA) showed that the Gross Regional Domestic Expenditure (GRDE) reached PHP461 billion in 2021 with 89.7 percent coming from households. "We thank everyone for their contrib

Philippines generalNational economicPhilippine statistics authorityDevelopment authorityEastern visayasGross regional domestic expenditureGross regional domestic productExecutive orderMore spending shoppers in downtown tacloban city this dec 23021 photo high expenditures in eastern visayas 2021 have contributed largely to the revival of economy slowed down by pandemic movement restrictionN official of the national economic and development authority said on friday april 29022 photo courtesy of prtv tacloban city high expenditures in eastern visayas 2021 have contributed largely to the revival economy slowed down by pandemic movement restrictionN official of the national economic and development authority neda said on friday household consumption rose to 10 2 percent last yearP from the negative 7 9 percent in 2020Eda eastern visayas regional director bonifacio uy said ina statementa report from the philippine statistics authority psa showed that gross domestic expenditure grde reached php461 billion in 2021 with 89 7 percent coming households quot we thank everyone for their contribution to reviving consumer and business confidence this means more operational establishmentsMore people employed