The National Economic and Development Authority (NEDA) has urged the swift passage of the Konektadong Pinoy Bill to ensure improved internet access. After the sixth Legislative-Executive Development Advisory Council (LEDAC) meeting on Sept. 25, NEDA released a statement indicating that the...
The National Economic and Development Authority (NEDA) has underscored the pivotal role of a robust middle class in driving the Philippines' sustained economic growth and development. In a keynote address at the 10th Annual Public Policy Conference, NEDA Secretary Arsenio M. Balisacan emphasized...
The government is intensifying its commitment to sustainable growth and climate resilience through investments in infrastructure and innovation, the National Economic and Development Authority (NEDA) said. At the Fourth Philippines-Singapore Business and Investment Summit, NEDA Secretary Arsenio M....
Despite the string of strong typhoons that battered economically-productive parts of the Philippines so far in the third quarter, the country's chief economist still expects to hit the targeted economic expansion for 2024. "We're confident we'll achieve our six- to seven-percent growth target this...
The long-term growth and development of the Philippines would depend on efforts to create a favorable investment environment that encourages economic diversification across multiple sectors, the National Economic and Development Authority (NEDA) said. During the US-ASEAN Business Council’s...
The National Economic and Development Authority (NEDA) clarified that the latest poverty and food thresholds, which some have criticized as unrealistic, are not meant to serve as budget guidelines for a decent standard of living. NEDA Secretary Arsenio M. Balisacan said that these thresholds are...
The National Economic and Development Authority (NEDA) reported a substantial increase in concessional loan disbursements received by the Philippines from its development partners last year, primarily earmarked for financing infrastructure projects. NEDA Secretary Arsenio M. Balisacan said on...
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...
The National Economic and Development Authority (NEDA) is considering including children in their first 1,000 days in the government’s cash grant beneficiaries to avoid stunting and other nutrition issues. NEDA Secretary Arsenio M. Balisacan told reporters that the cash benefit from the Pantawid...
The National Economic and Development Authority (NEDA) has committed to support the formulation of regulations that enable industries to leverage productivity-boosting technologies such as artificial intelligence (AI). NEDA Secretary Arsenio M. Balisacan said that AI has substantial benefits,...
The country’s ambition to become upper middle-income status could be achieved in 2026, later than the government’s projection of 2025. That is, if the peso does not depreciate. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan, during a briefing on Thursday, June...
The National Economic and Development Authority (NEDA) board has approved the creation of a P16.1 billion project to expedite the country’s internet connection through digital infrastructure. The Philippine Digital Infrastructure Project (PDIP), which will be financed through official development...
