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Answer:
Yes.
Explanation:
Yes, there is a great development occur in the Philippines. The Philippine's economy has made progress in the growth which can be seen in the lowering occurs in the poverty rate and unemployment rate in the country. There is a significant decrease in the poverty rate in the country due to investment of foreign companies in the Philippines in the sector of tourism and other industries which decreases the unemployment rate in the country that leads to decrease poverty rate also.