THE Philippine Economic Zone Authority (PEZA) said on Thursday it and its registered firms contributed a total of P10.05 trillion to the Philippine economy from 2015 to 2017, in an effort to banish whatever misconceptions people have about the state-run agency.

In a statement, PEZA said exports accounted for 70 percent of the amount; salaries and wages to direct employees, 12.46 percent; local purchases of capital equipment and raw materials, 7.6 percent; investments, 7.5 percent; taxes paid by PEZA firms to the government, 2.7 percent; and PEZA taxes and dividends, 0.04 percent.

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