Consumer prices rose at a slow pace in June brought about by moderate rise in transport cost, the Philippine Statistics Authority (PSA) reported. After the rate of increase in consumer prices rose at a steady pace for three straight months, the country’s headline inflation went down to 4.1...
The National Economic and Development Authority (NEDA) said a strong macro-fiscal foundation is vital for economies to weather shocks, such as the coronavirus pandemic. During the virtual 2021 Asia-Pacific Economic Cooperation (APEC) Structural Reform Ministerial Meeting, Socioeconomic Planning...
The head of the National Economic and Development Authority (NEDA) has apologized over the failed pilot launch of the online registration for the national identification (ID) system. Socioeconomic Planning Secretary Karl Kendrick T. Chua on Monday, May 3, took full responsibility for the...
The extended enhanced community quarantine (ECQ) in Metro Manila and nearly provinces will push more than 100,000 additional Filipinos into poverty as these stringent lockdowns are seen take a heavier toll on the economy, jobs and household income. Finance Secretary Carlos G. Dominguez III and...