xporter of farm products;
fish catch of 2 million metric tons annually
Illicit drugs:
illicit producer of cannabis for the international drug trade; growers
are producing more and better quality cannabis despite government
eradication efforts; transit point for Southwest Asian heroin bound
for the US
Economic aid:
recipient:
US commitments, including Ex-Im (FY70-89), $3.6 billion; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-88), $7.9
billion; OPEC bilateral aid (1979-89), $5 million; Communist countries
(1975-89), $123 million
Currency:
1 Philippine peso (P) = 100 centavos
Exchange rates:
Philippine pesos (P) per US$1 - 27.725 (January 1994), 22.120 (1993),
25.512 (1992), 27.479 (1991), 24.311 (1990), 21.737 (1989)
Fiscal year:
calendar year

@Philippines, Communications

Railroads:
378 km operable on Luzon, 34% government owned (1982)
Highways:
total:
157,450 km
paved:
22,400 km
unpaved:
gravel, crushed stone, stabilized earth 85,050 km; unimproved earth
50,000 km (1988)
Inland waterways:
3,219 km; limited to shallow-draft (less than 1.5 m) vessels
Pipelines:
petroleum products 357 km
Ports:
Cagayan de Oro, Cebu, Davao, Guimaras, Iloilo, Legaspi, Manila, Subic
Bay
Merchant marine:
553 ships (1,000 GRT or over) totaling 8,451,047 GRT/13,934,255 DWT,
bulk 241, cargo 145, chemical tanker 1, combination bulk 10,
combination ore/oil 1, container 8, liquefied gas 3, livestock carrier
9, oil tanker 33, passenger 1, passenger-cargo 13, refrigerated cargo
27, roll-on/roll-off cargo 14, short-sea passenger 12, vehicle carrier
35
note:
many Philippine flag ships are foreign owned and are on the register
for the purpose of long-term bare-boat charter back to their original
owners who are principally in Japan and Germany
Airports:
total:
270
usable:
238
with permanent-surface runways:
74
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
9
with runways 1,220-2,439 m:
57
Telecommunications:
good international radio and submarine cable services; domestic and
interisland service adequate; 872,900 telephones; broadcast stations -
267 AM (including 6 US), 55 FM, 33 TV (including 4 US); submarine
cables extended to Hong Kong, Guam, Singapore, Taiwan, and Japan;
satellite earth stations - 1 Indian Ocean INTELSAT, 2 Pacific Ocean
INTELSAT, and 11 domestic

@Philippines, Defense Forces

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