Philippines - Current economic position and prospects (Vol. 1 of 3) : The main report

RETLERN T ' R PORTS DY ' WITHIN I ONE WEEK DOCUMENT OF INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION Not For Public Use FILE COPY Report No. 78-PH CURRENT ECONOMIC POSITION AND PROSPECTS OF THE PHILIPPINES (in three volumes) Volume I THE MAIN REPORT April 20, 1973 'ast Asia and Pacific Department Asia Region This report was prepared for official use only by the Bank Group. It may not be published, quoted or cited without Bank Group authorization. The Bank Group'does not accept responsibility for the accuracy or completeness of the report.  CURRENCY EQUIVALENTS US$1.00 = Pesos 6.73 Pesos 1,000 5 US$147,49 Pesos 1 raillioin US$147,1493 rISCAL YEAR In the