The National Economic and Development Authority (NEDA) has identified the government’s priorities and interventions to sustain the recovery from the Covid-19 pandemic and mitigate the impact of the Russia-Ukraine crisis. Speaking at the Joint Foreign Chambers of the Philippines, Socioeconomic...
Targeted relief interventions would better help cushion the impact of inflationary pressures arising from the Russia-Ukraine crisis, the National Economic and Development and Development (NEDA) said. While calls to increase wages and fares to help minimum wage workers and public transport operators...
The National Economic and Development Authority (NEDA) is proposing a four-day workweek to lower energy consumption amid skyrocketing pump prices. During President Duterte’s Talk to the People aired on Wednesday, March 16, Socioeconomic Planning Secretary Karl Kendrick T. Chua said limiting the...
The National Economic and Development Authority (NEDA) is confident that strong domestic demand would withstand the adverse affects of the Russia-Ukraine conflict that threatens the country’s return to pre-pandemic levels within the first-quarter. At a virtual briefing on Tuesday, March 15,...
The government’s top economic managers are crafting measures to cushion the impact of Ukraine-Russia war on the domestic economy, particularly on the prices of basic goods and commodities. While Finance Secretary Carlos G. Dominguez III believes the impact of the geopolitical crisis in Eastern...
NEDA sees P9.4-B in weekly gains from Alert Level 1 By Chino S. Leyco The economy is estimated to gain an additional P9.4 billion per week as the country continues to move towards the new normal, the National Economic and Development Authority (NEDA) reported. During President Duterte’s Talk to...
The National Economic and Development Authority (NEDA) said the economy is still poised to grow within the government’s target for this year as the Omicron variant has had more than a mild impact on business activity. At the Management Association of the Philippines Economic Briefing on Thursday,...
A strong competition policy will help strengthen the Philippines’ foundation to achieve upper-middle income country status, and to sustain growth towards high-income country status in one generation, Socioeconomic Planning Secretary Karl Kendrick T. Chua said. "By fostering a business-friendly...
NEDA cites 3 crucial economic measures By Chino S. Leyco The National Economic and Development Authority (NEDA) has identified three economic liberalization measures that are crucial in accelerating economic growth this year and beyond. In a statement, Socioeconomic Planning Secretary Karl Kendrick...
Socioeconomic Planning Secretary Karl Kendrick T. Chua said he will focus the remaining months of his term on pushing top three priorities -- help improve the prospects for economic recovery, increase productivity in the country, and respond to climate change In his message during the 2022...
Accelerated vaccination and more targeted alert level system with granular lockdowns would reduce coronavirus cases and deaths while bringing back more employment, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua...
The National Economic and Development Authority (NEDA) said the Omicron variant will not slam the Philippines' growth prospects for the year, saying the fresh blow of tighter quarantine controls is only temporarily. Two years into the COVID-19 pandemic, Socioeconomic Planning Secretary Karl...