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...
The National Economic and Development Authority (NEDA) has stressed the urgent need for the Philippines to dismantle restrictions on key sectors of the economy that are holding back the country from matching the developments of its neighboring nations. NEDA Secretary Arsenio M. Balisacan said that...
The National Economic and Development Authority (NEDA) said the government is considering the approval of the planned privatization of the operations and maintenance (O&M) for two major railway projects this year. During the virtual SNAP Conversations 2024: Economic Outlook event, NEDA...
The National Economic and Development Authority (NEDA) said the implementing rules and regulations (IRR) of the Public-Private Partnership (PPP) Code will come into effect in the first week of April this year. NEDA Secretary Arsenio M. Balisacan said on Thursday, Feb. 22, that their goal is to...
President Marcos' chief economist cautioned that the implementation of the proposed P100 wage hike could result in heightened unemployment rates, a further acceleration of consumer prices, and a deceleration in economic growth. National Economic and Development Authority (NEDA) Secretary Arsenio M....
The National Economic and Development Authority (NEDA) said that the rising employment rate in the country would help cushion the impact of higher inflation on the purchasing power of Filipinos. In a statement, NEDA Secretary Arsenio M. Balisacan stressed the immediate need to address inflation,...
Amid the going political feud in the country, one of President Marcos’ economic managers has taken a cautious stance, refraining from commenting on the potential economic implications of the ongoing discord. “Let’s focus on the economy,” advised National Economic and Development Authority...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that President Marcos has approved the changes to the execution of two high-impact projects. Chaired by the president, the NEDA Board has given the green light to the negotiated parameters, terms, and conditions...
