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PHL R&D spending to rise to 0.4% of GDP | Cai U. Ordinario - Vimarsana News

PHL R&D spending to rise to 0.4% of GDP | Cai U. Ordinario

THE Marcos Jr. administration aims to increase the country’s spending for Research and Development (R&D) to 0.4 percent of GDP this year. In the Philippine Development Report (PDR), this is higher than the gross expenditure on R&D to GDP of 0.32 percent baseline set in 2018, and the 0.35 percent…