project that got registered for tax breaks back in June. BOI Managing Head and Trade Undersecretary Ceferino Rodolfo said in an online press conference with economic managers on Thursday that pledges grew by 25 percent from January to August this year compared to the same period in 2019.
Although he did not provide absolute figures, the BOI registered P609 billion in the comparative period in 2019. A 25-percent growth would bring the latest figure to around P761 billion. The BOI has not yet responded to requests for additional information as of press time.
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