Transforming consumption and production patterns will be vital in accelerating the country’s shift toward a more sustainable and climate-smart economy, the National Economic and Development Authority (NEDA) said. In the event Philippine Development Plan 2023-2028: From Plan to Action focusing on...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
President Ferdinand R. Marcos Jr. approved the implementation of seven infrastructure projects worth P154.72 billion, including a cancer center for the University of the Philippines - Philippine General Hospital (UP-PGH), the National Economic and Development Authority (NEDA) announced. In a...
DAVOS, Switzerland — Members of President Ferdinand "Bongbong" Marcos Jr.'s economic team said that at least nine international companies had signified their desire to invest or expand their business in the Philippines. Communication Secretary Cheloy Velicaria-Garafil, Trade Secretary...
Unemployment rate in November fell to its lowest level in over 17-years, signaling the strong recovery of the economy from the prolonged pandemic, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported on Friday, Jan. 6, that the level of...
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....
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...
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...
An executive order (EO) to enforce a zero-tariff policy for electric vehicles has been endorsed for the approval of the President, National Economic Development Authority (NEDA) Secretary Arsenio Balisacan said. NEDA Secretary Arsenio M. Balisacan Balisacan revealed during a Palace briefing on...
The National Economic and Development Authority (NEDA) has assured Malacañang that the Marcos administration’s development plan will be ready for implementation beginning next year. In a briefing with President Ferdinand R. Marcos Jr. last Nov. 15, Socioeconomic Planning Secretary Arsenio M....
President Ferdinand "Bongbong" Marcos Jr. is confident that his administration will be able to bring down the country's poverty rate to nine percent by 2028. President Ferdinand 'Bongbong' Marcos Jr. presides over a meeting with the National Economic and Development Authority on Nov. 15, 2022 in...
