CAGAYAN DE ORO CITY – Local government units (LGUs) in Northern Mindanao must ensure basic infrastructure to be able to encourage more investors, as creating more jobs and quality jobs for the people is needed to reduce the poverty incidence in the region, the National Economic and Development...
The government will stick to its growth targets of 6.5 percent to 8 percent for the medium term, National Economic and Development Authority Secretary Arsenio M. Balisacan said on Wednesday, Dec. 13. Balisacan told reporters that the highest range could still be reduced but there are no plans to...
President Marcos' chief economist has cautioned that the unexpectedly strong El Niño phenomenon is likely to impede progress in reducing consumer prices, warning the public of challenging months ahead. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that the...
The National Economic and Development Authority (NEDA) said there are no plans for additional reductions in import duties on various agricultural commodities. In a briefing, NEDA Secretary Arsenio M. Balisacan said the only option available to the Marcos administration at present is to extend the...
The Marcos administration has expressed optimism that it is possible to attain a single-digit poverty rate by 2028 through President Marcos' catch-up plan to increase economic growth and ensure a high inclusivity rate of such growth. File photo National Economic and Development Authority (NEDA)...
President Marcos' chief economist said that foreign investors should leverage the Philippines' rapid economic growth, the fastest in the region, as well as its recent policy reforms and initiatives. During the 2024 Economic Outlook Forum hosted by the European Chamber of Commerce of the...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said that the signing into law of the Public-Private Partnership (PPP) Code of the Philippines will create a more stable policy environment for infrastructure projects. "The PPP Code will enable much-needed development...
In an attempt to boost employment opportunities in Metro Manila and surrounding areas, Malacañang has issued an administrative order (AO) amending provisions of the previous administration's AO No. 18, granting a second chance for applicants for economic zones within the National Capital Region...
National Economic and Development Authority Secretary Arsenio M. Balisacan said that having strong partnerships is a necessity in practicing monitoring and evaluation (M&E) in the country. During an M&E forum, Balisacan said that a collaboration with practitioners from the public and...
National Economic and Development Authority Secretary Arsenio M. Balisacan said they prefer to get solicited bids for the operations and maintenance (O&M) of the Metro Rail Transit (MRT) Line 3 and the Light Rail Transit (LRT) Line 2. In an interview with the reporters, Balisacan said that a...
The government, with the help of the United Nations (UN), should scale up actions toward achieving the country’s targets under the Sustainable Development Goals, the National Economic and Development Authority (NEDA) said. Speaking at a UN Day Forum, NEDA Secretary Arsenio M. Balisacan said the...
Certificates of live-birth, marriage, and death will now be recognized and accepted in all government or private transactions regardless of the issuance date. This as the Philippine Statistics Authority (PSA) signed the Implementing Rules and Regulations (IRR) of Republic Act (RA) No. 11909, or the...