The government received about $32.40 billion in concessional loans and grants last year, with most of the funds allocated to infrastructure projects, the National Economic and Development Authority (NEDA) reported. Based on NEDA's Official Development Assistance (ODA) Portfolio Review 2022 report ,...
CANDON CITY, Ilocos Sur – A prominent business leader expressed optimism that the country can still achieve a six percent economic growth in 2023 despite a global slowdown. AMBASSADOR Francis Chua (left), chairperson of the Bank of Commerce, with Pandesal Forum moderator Wilson Lee Flores....
National Economic and Development Authority Secretary Arsenio M. Balisacan said that rice tariff reduction remains an option for the Marcos administration, but immediate execution is not viable. President Marcos earlier thumbed down the reduction of the rice tariff. “He saw that these prices are...
The government remains confident of the six percent to seven percent target rate by the year-end, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the slowdown in the second quarter could be offset by fiscal spending in the third quarter,...
House Speaker Martin Romualdez (Speaker’s office) The Philippines shouldn't be "prisoners of the past" when it comes to the outdated and restrictive economic provisions of the 1987 Constitution. Thus, said House Speaker Martin Romualdez as he once...
The National Innovation Council (NIC) on Wednesday, Sept. 27, launched the National Innovation Agenda and Strategy Document (NIASD) for 2023-2032. NIC Chairperson President Ferdinand R. Marcos, Jr. led the event, along with Arsenio M. Balisacan, National Econonmic and Development Authority...
President Marcos said the country must prop up its spending on research and development to maintain the Philippines' emerging image as an "innovation achiever." President Ferdinand 'Bongbong' Marcos Jr. leads the launching of the National Innovation Agenda Strategy Document (NIASD) on Sept. 27,...
The National Economic and Development Authority (NEDA) has welcomed the signing of the Trabaho Para sa Bayan (TPB) Bill into law. Senate Majority Leader Joel Villanueva filed the measure with the aim of tackling various labor market challenges such as unemployment, underemployment, youth...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The proposed Anti Agri-Fishery Commodities and Tobacco Economic Sabotage Act--a priority measure of the agriculture-conscious Marcos administration--has been unanimously approved on third...
The National Economic and Development Authority (NEDA) introduced to international communities its approach using the Multidimensional Poverty Index (MPI) to gather data on poverty. During the UN General Assembly in New York on Sept. 20, NEDA Undersecretary Rosemarie G. Edillon emphasized the...
The National Economic and Development Authority (NEDA) has welcomed the approval of the Public-Private Partnership (PPP) Act on its third and final reading. With 20 affirmative votes, the upper chamber on Monday, Sept. 25, passed the Senate Bill No. 2233, or the proposed PPP Act, which aims to...
Foreign Affairs Secretary Enrique Manalo said that the economic relationship between the Philippines and the US "should keep apace" with both countries' defense-related activities as he noted the "growing" comprehensive strategic partnership of the two sides. Speaking at a dialogue on Sep. 22 (US...
