Amid tight fiscal space for public spending, the government has tripled the number of projects included in the list of priority programs where donors from the private sector can enjoy tax deductions. In a May 22 addendum, the Department of Economy, Planning, and Development (DEPDev) included 12...
The government is looking to include 4,240 priority programs and projects (PAPs), with an investment requirement totaling about ₱4.71 trillion, in the 2026 national budget proposal to sustain public investments—especially in infrastructure and regional development. According to the Department...
Reelected Senator Imee Marcos on Tuesday, May 27 said the newly established Department of Economic Planning and Development (DEPDev) must take the lead in crafting the proposed 2026 national budget, not Congress. Formerly known as the National Economic and Development Authority (NEDA), DEPDev,...
Economic managers vowed to ramp up their efforts and reaffirm their commitment to improved performance, even prompting President Marcos’ chief economic manager to also recalibrate the Department of Finance (DOF). This came after President Ferdinand Marcos Jr. decided to retain them, along with...
President Marcos ' directive for Cabinet resignations has sparked a mix of hope and apprehension in the local financial market, as some view it as a necessary step toward improved governance and economic performance, while others are concerned about potential market volatility during the...
Following the weaker-than-expected gross domestic product (GDP) growth in the first quarter of 2025, the country’s national socioeconomic planner stated that abandoning the Marcos administration’s ambitious growth goal of six percent to eight percent might be too soon. “It’s too early to...
The Department of Economy, Planning, and Development (DEPDev) officially launched the Trabaho Para sa Bayan (TPB) Plan 2025-2034 on Monday, May 5, marking the Philippines’ first 10-year labor market development strategy. The landmark plan lays out a comprehensive roadmap for job creation, labor...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte is confident that it won't take long for the newly-institutionalized Department of Economy, Planning and Development (DepDev) to show...
President Marcos’ signing into law of the Department of Economy, Planning and Development (DEPDev) Act will pave the way for a historic reform in government development planning, Sen. Juan Miguel “Migz” Zubiri said on Tuesday, April 15. The new law, Republic Act No. 12145, primarily...
The government has officially transformed the National Economic and Development Authority (NEDA) into the Department of Economy, Planning, and Development (DEPDev) after President Marcos signed Republic Act (RA) No. 12145 on April 10. File photos Under RA 12145, known as the Economy, Planning, and...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte is upbeat with the changes coming to the National Economic and Development Authority (NEDA), which is set to transition into the...
Albay 2nd district Rep. Joey Salceda (Facebook) The impending institutionalization of the Department of Economic Planning and Development (DEPDev) fulfills a key mandate of the Constitution after nearly four decades. Thus, said Albay 2nd...
