Caraga
On February 23, 1995, the Caraga region was created through the issue of Republic Act No. 7901 during the administration of President Fidel Ramos. The provinces of Agusan del Norte, Agusan del Sur and Surigao del Norte (of the former Northern Mindanao region) and Surigao del Sur (of the former Southern Mindanao region) were annexed as part of the newly-created region.
Caraga
From 2001 to 2003, Caraga Region consistently maintained its performance vis-à-vis other regions in Mindanao. Caraga posted a 0.9% growth rate compared to the 9.5% growth rate of Region 12 and the 2.6% growth rate of the Autonomous Region for Muslim Mindanao (ARMM). Caraga's growth rate in 2001-2002 and the 2002-2003 period was the same (0.9%). This was much less than the growth of the population. This performance was better however than the region's performance in the 2000-2001 period, where the region's economy declined by 1.4%.