NEDA identifies top priorities in PDP 2023-2028 By Chino S. Leyco The National Economic and Development Authority (NEDA) said social protection and human capital development will be among top priorities in the short to medium term under the upcoming Philippine Development Plan (PDP) 2023-2028....
A Visayas lawmaker has raised concerns on the relatively low budgets allocated to Regions 6, 7, and 8, despite it having the same percentage of voting population as Mindanao, as well as being the places where President Ferdinand "Bongbong" Marcos Jr. has “won handily". Aklan 2nd District Rep....
The House Committee on Appropriations has officially commenced the detailed, per agency deliberations of the 2023 National Expenditure Program (NEP) The Committee on Appropriations presides over the first budget hearing on Friday, Aug. 28 at the House of Representatives Session Hall (MANILA...
The Philippines must sustain its high-growth trajectory for at least two more decades to attain high-income status and eradicate poverty in the long term, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Arsenio M. Balisacan said that...
The National Economic and Development Authority (NEDA) said importation should be allowed when local sugar manufacturers are not producing enough to keep up with demand. On the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic Planning Secretary...
President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic...
Despite viral internet memes poking fun at his suggestion to use an aerial cable car system to solve the traffic woes in Metro Manila, Senator Robin Padilla on Sunday, Aug. 14, maintained that the plan has sound basis owing to the previous administration’s approval of it. Cable cars in transit...
The National Economic and Development Authority (NEDA) said Public-Private Partnerships (PPPs) play a critical role in helping the government achieve inclusive and sustained economic growth. At the meeting of the European Chamber of Commerce of the Philippines, Socioeconomic Planning Secretary...
The National Economic and Development Authority (NEDA) may consider the possibility of pursuing a sugar trade liberalization reform to improve the industry’s competitiveness. Socioeconomic Planning Secretary Arsenio M. Balisacan said the government needs to “look at closely” the sugar...
The National Economic and Development Authority (NEDA) said the release of targeted subsidies to the most vulnerable Filipino families will cushion the impact of elevated prices of oil and other commodities. Socioeconomic Planning Secretary Arsenio M. Balisacan said on Wednesday, Aug. 3, that it is...
The Marcos administration is aiming to raise Filipinos’ average earning to around P20,000 per month in two years, an income level that would propel the Philippines towards the much coveted upper-middle income status. From the current per capita income of $3,549 or roughly P197,692 at current...
The National Economic and Development Authority (NEDA) said interdisciplinary coordination of three catalysts --Science, Technology, and Innovation (STI) -- will drive economic growth and address global risks and challenges. During the recent 44th Annual Scientific Meeting (ASM), NEDA’s response...