The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
The National Economic and Development Authority (NEDA) said cash aid and accelerated vaccination program would help in partly reversing the negative impact of the enhanced community quarantine (ECQ) on the economy. Socioeconomic Planning Secretary Karl Kendrick T. Chua said Friday, July 30, that...
President Duterte’s economic manager said the government’s efforts should be geared at accelerating the country’s vaccine deployment and maintaining strict border controls as the quick-spreading Delta variant poses a threat in the Philippines. Socioeconomic Planning Secretary Karl Kendrick T....
The National Economic and Development Authority (NEDA) said the inoculation of economic frontliners is moving quickly and will continue to ramp up in the coming weeks. Screen Shot 2021-06-21 at 1.58.21 PM Socioeconomic Planning Secretary Karl Kendrick T. Chua said the vaccination of the A4 priority...
The National Economic and Development Authority (NEDA) said a strong macro-fiscal foundation is vital for economies to weather shocks, such as the coronavirus pandemic. During the virtual 2021 Asia-Pacific Economic Cooperation (APEC) Structural Reform Ministerial Meeting, Socioeconomic Planning...
The Department of Environment and Natural Resources (DENR) is set to implement P7.25-billion worth of projects for enhanced ecosystems in the Philippines, a move that will be largely backed by a bilateral assistance fund from the United States Agency for International Development (USAID). This...
Amid recent government decisions that aim to increase the importation of rice and pork, food security advocacy group Tugon Kabuhayan has called for much-improved industry data gathering in the agriculture sector. In a virtual briefing, Asis Perez, convenor of Tugon Kabuhayan, said the government...
The Duterte administration will revisit its medium-term macroeconomic targets and fiscal program next week following a worse-than-expected economic performance in the first-quarter. In a media advisory released by the Department of Budget and Management (DBM), it said the inter-agency Development...
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under...
President Duterte has formally appointed Karl Kendrick T. Chua as socioeconomic planning secretary as well as head of the National Economic and Development Authority (NEDA). One-year after serving the positions in an acting capacity, Chua is now officially the government’s chief economist and...
The possibility of the government opening up the local market to more imported sugar remains to be one of the major factors why the country’s local sugar production is seen not improving this year or in the next years to come. This, according to international data, has remained to be “the...
Amid the prevalence of African Swine Fever (ASF), state-run lender Land Bank of the Philippines (LANDBANK) has doubled its credit commitment to the local swine industry from P15 billion to P30 billion. This, according to the bank, will help local pork producers and feed millers to repopulate and...
