The National Economic and Development Authority (NEDA) Board chaired by President Ferdinand R. Marcos, Jr., approved last December 16 the Philippine Development Plan for 2023-2028, with the following key macroeconomic targets: gross domestic product (GDP) growth ranging from 6.5 to 8.0 percent;...
The Philippines will focus more on public-private partnerships on infrastructure development in a bid to boost the economy, Malacañang said. President Ferdinand Marcos Jr. presides the 13th Cabinet meeting in Malacañang on Tuesday, Dec. 20, 2023. (Photo from the Office of the Press Secretary)...
The recently approved Philippine Development Plan (PDP) 2023-2028, will expand and improve the country’s transportation system, the Department of Transportation (DOTr) said. Transportation Secretary Jaime Bautista said the plan includes strategies to develop active transport infrastructure, such...
The National Economic and Development Authority (NEDA) has called for a swift enactment of the planned sovereign wealth fund to enhance the newly approved blueprint for the socioeconomic development of the country. Socioeconomic Planning Secretary Arsenio M. Balisacan said the proposed Maharlika...
The government approved the country’s blueprint for socioeconomic development over the medium term, and extended the tariff reduction on key commodities until next year, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Arsenio M....
President Ferdinand "Bongbong" Marcos Jr. has approved the proposal of the National Economic and Development Authority (NEDA) to extend the temporary modification of import duty rates on various products to address supply issues and temper inflation. (Photo courtesy of Malacañang) Marcos...
Former Socioeconomic Planning Secretary Ernesto M. Pernia categorically said that the planned Maharlika Wealth Fund is “not wise.” In a radio interview, Pernia said that before proceeding with the Maharlika, there must be clear assessment as to where the economy stands at present. He urged the...
The Commission on Appointments (CA) confirmed on Wednesday, Dec. 14, 2022, a slew of key presidential appointments just before Congress adjourns for the Christmas break. It was a particularly emotional confirmation that Commission on Elections (Comelec) Commissioner Ernesto Ferdinand P. Maceda went...
Three committees of the Commission on Appointment (CA) have endorsed the appointments of three Cabinet officials, namely Transportation Secretary Jaime Bautista, Housing Secretary Jose Rizalino Acuzar and Socio-economic planning Secretary Arsenio Balisacan. The CA Committee on Transportation...
ZAMBOANGA CITY -- Mayor John Dalipe is the new chairperson of the Mindanao National Economic and Economic Authority (NEDA) Regional Development Committee after a reorganizational meeting of the panel in Davao City on Tuesday, Dec. 6. MAYOR John Dalipe takes his oath as new chairperson of the...
PH can sustain growth momentum—NEDA By Chino S. Leyco The National Economic and Development Authority (NEDA) is confident that the country’s growth momentum will be sustained driven by robust domestic consumption following the prolonged pandemic. In a statement on Tuesday, Dec. 6, Socioeconomic...
President Ferdinand "Bongbong" Marcos Jr. has ordered the Philippine Statistics Authority (PSA) to fast-track the printing of the digital version of the Philippine Identification System (PhilSys) ID. President Ferdinand 'Bongbong' Marcos Jr. holds a meeting with officials of Philippine Statistics...