The National Economic and Development Authority (NEDA) and the Department of Budget and Management (DBM) have revamped the National Evaluation Policy Framework (NEPF), introducing stronger oversight and stricter standards for ethical and transparent evaluation of government programs. On Monday,...
The Philippines' chief economist has conceded that the country may not be able to achieve the eight-percent upper end of its 2025 growth target due to lingering global uncertainties, including the reciprocal tariffs United States (US) President Donald Trump slapped on its imports."The eight...
The government has officially transformed the National Economic and Development Authority (NEDA) into the Department of Economy, Planning, and Development (DEPDev) after President Marcos signed Republic Act (RA) No. 12145 on April 10.File photosUnder RA 12145, known as the Economy, Planning, and...
Jobless Filipinos increased in number to 1.94 million in February 2025 from 1.8 million last year, as the job market struggled to absorb over 40 percent of new job seekers.According to the Philippine Statistics Authority (PSA), the February 2025 figure reflects an increased annual unemployment rate...
Flights to China, Hong Kong, and Taiwan from Ilocos Norte's Laoag International Airport may soon return as the province aims to transform into Southeast Asia's economic hub through public-private partnership (PPP).This plan is included in the memorandum of agreement (MOA), signed on Friday, Feb...
The government is offering tax deductions to private donors supporting six priority programs in this year's list of the state planning agency National Economic and Development Authority (NEDA).Earlier this month, NEDA came out with the 2025 National Priority Plan (NPP), which listed down key...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte is upbeat with the changes coming to the National Economic and Development Authority (NEDA), which is set to transition into the Department of...
By Derco RosalThe National Economic and Development Authority (NEDA) Board has approved funding extensions and budget increases for two major flood-control projects under the Department of Public Works and Highways (DPWH), amounting to 79.73 billion."Both projects will receive supplemental loans...
By Derco Rosal The country's inflation rate rose to 2.3 percent from September's four-year low of 1.9 percent due to soaring rice prices which jumped following recent calamities including Severe Tropical Storm (STS) Kristine and Super Typhoon Leon.October's inflation pushed the 10-month...
The National Economic and Development Authority (NEDA) board approved the Philippine Civil Service Modernization (PCSM) project to upgrade government agencies' human resource information systems.During its 20th meeting on Wednesday, the NEDA board, chaired by President Ferdinand R. Marcos Jr.,...
National Economics and Development Authority Arsenio M. Balisacan said that the P35 wage hike in Metro Manila will not greatly impact the economic growth as well as employment numbers.During a press briefing in Malacañang, Balisacan said that around 40,000 to 140,000 workers may be affected by the...
Filipino individuals had a higher total income last year, exceeding the target range set in the government's Philippine Development Plan 2023-2028, the National Economic and Development Authority (NEDA) said.Based on the World Bank report, NEDA stated that the country's gross national income...
