National Economic and Development Authority Secretary Arsenio M. Balisacan said that the reduction of domestic rice prices by 20 percent in September is possible given that world prices will decline. Balisacan referred to the statement by Finance Secretary Ralph G. Recto, noting that external...
The Marcos administration is seeking to shift to the old school calendar by next year, according to National Economic and Development Authority Secretary Arsenio M. Balisacan. Balisacan stated that the government is already working on the implementation mechanics of the shift to the old school...
The government is seeking to maximize the country’s abundant mineral resources to utilize its potential for more high-quality job opportunities, the National Economic and Development Authority (NEDA) said on Friday, May 10. Speaking at a forum on the Philippine mining industry, NEDA Secretary...
Despite the slowdown, President Marcos' three economic managers emphasized that the Philippines has maintained its position as one of the fastest-growing economies in the region. Budget Secretary Amenah F. Pangandaman, Finance Secretary Ralph G. Recto, and National Economic and Development...
The National Economic and Development Authority (NEDA) said the recently signed Executive Order (EO) No. 59 will modernize and prevent delays in the implementation of the country’s infrastructure flagship projects (IFPs). NEDA Secretary Arsenio M. Balisacan said that the EO would support the...
The National Economic and Development Authority (NEDA) has approved the new guidelines on the reviewing and approval of national Public-Private Partnership (PPP) proposals. The NEDA board, chaired by President Marcos, has agreed to the new guidelines of the Investment Coordination Committee (ICC)...
President Marcos has approved the P9.49 billion increase for the University of the Philippines-Philippine General Hospital (UP-PGH) Cancer Center and the Department of Education’s master plan for equal access to education. The National Economic Development Authority (NEDA) Board, chaired by...
The National Economic and Development Authority said that the implementation of non-tariff barriers on imports, such as the requirement of sanitary and phytosanitary import clearance (SPSIC), has hurt Filipino consumers. In a statement on Thursday, April 25, NEDA Secretary Arsenio M. Balisacan...
The National Economic and Development Authority (NEDA) said it is crucial to ease the inflation rates, particularly the rice prices, in the coming months to achieve the government's growth target. NEDA Secretary Arsenio M. Balisacan told reporters that the goal of keeping the inflation within...
While amending the economic provisions in the 1987 Constitution will attract more foreign investments, its impact on the country’s economy won’t be felt immediately, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Thursday, April 4. NEDA Secretary Arsenio...
President Marcos told government agencies to do away from a piecemeal approach in resolving the country's lingering traffic woes and ordered them to come up with a comprehensive proposal. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/Yummie Dingding) Marcos made the directive to...
President Marcos has approved 23 new infrastructure flagship projects (IFPs), including the Davao City Bypass. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secretary Arsenio Balisacan (Photo courtesy of Bongbong Marcos) "We've approved 23 new IFPs, including the Davao City Bypass...
