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C Luzon s economy rebounds to 7 4% in 2021

ECONOMIC PERFORMANCE. NEDA Central Luzon regional director Gina Gacusan reports the 2021 economic performance of Central Luzon during a news conference in the City of San Fernando, Pampanga on Thursday (April 28, 2022). She also cited the importance of implementing the 10-point agenda for economic recovery. (Photo by NEDA Region III) CITY OF SAN FERNANDO, Pampanga - The economy of Central Luzon rebounded last year from a double-digit contraction in 2020, the Philippine Statistics Authority Regional Statistical Services Office-Central Luzon (PSA RSSO III) reported on Thursday. Results from the latest regional accounts showed the region's economic output rose to 7.4 percent last year, reversing the 13.9-percent drop in 2020. Central Luzon was among the four regions with the highest economic growth in 2021. Calabarzon ranked first with 7.6-percent growth, followed by Bangsamoro Autonomous Region in Muslim Mindanao and Cordillera Administrative Region, both with 7.5 percent. Of the 5.7

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