Financial strain on consumers’ pockets will ease a bit next week, as the anticipated oil price hikes ended up at lower amounts, based on the outcome of end-week trading in the regional market. According to the oil companies, the estimated increase for gasoline products will be at P0.25 to P0.65...
The National Economic and Development Authority (NEDA) clarified that the latest poverty and food thresholds, which some have criticized as unrealistic, are not meant to serve as budget guidelines for a decent standard of living. NEDA Secretary Arsenio M. Balisacan said that these thresholds are...
State economic managers should find time to consolidate the Marcos administration’s economic strategy and be cohesive about it, Senate Deputy Minority leader Risa Hontiveros said. Hontiveros noted that the current plans of the Department of Finance (DOF), Department of Budget and...
(Ellson Quismorio/ MANILA BULLETIN) ACT Teachers Party-list Rep. France Castro is up in arms over the National Economic and Development Authority's (NEDA) claim that having a one-day food budget of just P64 does not make a person "food poor". ...
The National Economic and Development Authority (NEDA) reported a substantial increase in concessional loan disbursements received by the Philippines from its development partners last year, primarily earmarked for financing infrastructure projects. NEDA Secretary Arsenio M. Balisacan said on...
Finance Secretary Ralph G. Recto said the Philippine government secured about P13 billion in loans from the South Korean government to finance the new Dumaguete Airport Development project. Recto and Export-Import Bank of Korea (KEXIM) Chairman and President Yoon Hee-sung signed on Wednesday, Aug....
(Unsplash) Amid claims that the prohibition on Philippine Offshore Gaming Operators (POGOs) would directly impact the property industry, National Economic and Development Authority (NEDA) asserts that the ban would barely make a noise in the office and residential...
To adjust to inflation, the increase in cash allowances for the Pantawid Pamilyang Pilipino Program (4Ps) is expected to be implemented in 2026. During a committee hearing at the House of Representatives, National Economic and Development Authority Secretary Arsenio M. Balisacan revealed that a...
Contrary to some fears over its impact, the top official from the National Economic Development Authority (NEDA) bared on Tuesday, July 30, that the contribution of Philippine Offshore Gaming Operators (POGOs) to the Philippine economy is less than half of one percent. Sen. Juan Miguel “Migz”...
Senator Imee Marcos has called on the National Economic Development Authority to publicize the details of its board meeting that led to the government’s controversial decision to cut the tariff on imported rice to 15 percent up to 2028. Sen. Imee Marcos attends Thursday’s hearing of the...
Citing the need to upgrade the country’s digital connectivity, the National Economic and Development Authority (NEDA) board led by President Marcos has approved some P16.1 billion allocation for the Philippine Digital Infrastructure Project (PDIP). File photo According to the NEDA website, the...
Senators have expressed differing opinions on the newly approved reduction tariff on rice by the National Economic and Development Authority (NEDA) that has already been approved by President Marcos. NEDA Secretary Arsenio M. Balisacan said that the reduction tariff on rice from 35 percent to 15...
