At the core of the Trabaho Para sa Bayan (TPB) Plan will be the adaption of artificial intelligence (AI) tools to the skills of Filipino workers as the current market demands technological advancements. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that the...
Amid accelerating inflation and subdued global markets, National Economic and Development Authority Secretary Arsenio M. Balisacan expressed openness to revising this year's economic growth target downward. Balisacan said that the Development Budget Coordination Committee (DBCC), an inter-agency...
The National Economic and Development Authority (NEDA) led the signing of the implementing rules and regulations (IRR) for the Republic Act 11962 or the Trabaho Para sa Bayan (TBP) Act. NEDA Secretary Arsenio M. Balisacan said on Tuesday, March 12, that before the signing, they first consulted with...
The Marcos administration’s economic team removed 36 infrastructure flagship projects (IFPs) but added 23 new projects under the Build Better More program, the National Economic and Development Authority (NEDA) said. The NEDA board, chaired by President Marcos, has reduced the number of IFPs from...
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 government sets its eye on expediting more energy-related investments to attain low electricity prices, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan reiterated their commitment to address issues in the energy sector, including the...
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) has cautioned that the proposed P100 wage hike could present financial difficulties for micro, small, and medium enterprises (MSMEs). NEDA Undersecretary Rosemarie G. Edillon said the recently implemented tax relief, intended to assist...
House Minority Leader 4Ps Party-list Rep. Marcelino Libanan Citing the importance of oversight, House Minority Leader 4Ps Party-list Rep. Marcelino Libanan thumbed down the National Economic and Development Authority (NEDA) proposal to...
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,...
