Economic managers vowed full support behind the private sector, as the Department of Finance (DOF) asked investors to trust President Ferdinand R. Marcos Jr.’s government. “As the President said yesterday , the sate of the economy is sound. So, my advice to the private sector is trust your...
The National Economic and Development Authority (NEDA) said interdisciplinary coordination of three catalysts --Science, Technology, and Innovation (STI) -- will drive economic growth and address global risks and challenges. During the recent 44th Annual Scientific Meeting (ASM), NEDA’s response...
The National Economic and Development Authority (NEDA) raised the need to promote alternative work arrangements amid skyrocketing fuel prices, as it also urged the government to immediately address the logistical constraints in the country. In a statement, Socioeconomic Planning Secretary Arsenio...
Climate change adaptation and mitigation needs to be placed at the heart of socioeconomic planning for the country to achieve its 2040 vision of eradicating extreme poverty, the National Economic and Development Authority (NEDA) said. At the recent Philippine Environment Science Summit 2022,...
President-elect Marcos’ chief economic manager has high hopes for incoming Socioeconomic Planning Arsenio M. Balisacan, describing the latter as the “poverty guru” of the next administration tasked to bring down the nation’s poverty rate to single-digit. Incoming Finance Secretary Benjamin...
The National Economic and Development Authority (NEDA) has fired back at critics of the rice tariffication law (RTL), noting that contrary to claims, the reform helped both farmers and consumers since its enactment. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that...
Socioeconomic Planning Secretary Karl Kendrick T. Chua is hopeful that the next administration will adopt policy continuity as he also cautioned against reversing some important reforms enacted under the Duterte administration. Chua, who is also head of the National Economic and Development...
The economy grew faster than its pre-pandemic level in the first three-months of the year on the back of sustained growth momentum amid easing quarantine restrictions, the Philippine Statistics Authority (PSA) reported. From January to March, the country’s economy, as measured by gross domestic...
The National Economic and Development Authority (NEDA) remained optimistic that the economy will return to its pre-pandemic growth this year as the country continues to build on progress in recovering from Covid-19. During the Philippine Consulate General town hall meeting in New York City on April...
The National Economic and Development Authority (NEDA) has recognized the role of innovation in the country’s structural transformation and transition to high-income country status. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that transition to high-income country...
A shift from a pandemic to an endemic mindset will help mitigate the impact of external shocks, such as the Russia-Ukraine crisis, as well as minimize the long-term scarring effects of Covid-19, three of the government’s economic managers said. In a joint statement on Thursday, March 24, Finance...
NEDA lauds amended PSA law Chino S. Leyco The amended Public Service Act (PSA) will encourage more foreign investments and innovation to lower prices, improve the quality of goods and services, as well as create more and better jobs, the National Economic and Development Authority (NEDA) said. In a...
