Rizal Philippines
July 22, 2018
Philippines is not poor. Five years ago, ADB has removed the Philippines from the list of LDC (Less Developed Country) and is no longer eligible for aid/donation. Loans yes and other assistance
As per Wiki, Philippines is
34th largest economy in the world
3rd largest economy in ASEAN (after Indonesia and Thailand)
6th in Southeast Asia after Singapore, Brunei, Thailand, Malaysia and Indonesia. (We could be richer had we not relinquished claim to Sabah, part of Sultanate of Sulu (thanks to some traitors who sold RP out to Malaysia)
That is a good note we have to remember about the wealth of the Philippines
GDP of Philippines as of 2016 is $2,951.07 vs $5,907.91 of Thailand and fast rising Vietnam $2,185.69
