As-delivered Presentation of Secretary Karl Kendrick T. Chua during the Public Hearing of the Committee on Finance (Subcommittee “A”) on Proposed 2022 Budget of NEDA and attached agencies

As-delivered Presentation Socioeconomic Planning Secretary Karl Kendrick T. Chua Public Hearing of the Committee on Finance (Subcommittee “A”) Proposed 2022 Budget of the following: National Economic and Development Authority and attached agencies October 13, 2021  I will begin the presentation on the budget proposal of NEDA and the attached agencies. For this presentation, Mr. Chair, continue reading : As-delivered Presentation of Secretary Karl Kendrick T. Chua during the Public Hearing of the Committee on Finance (Subcommittee “A”) on Proposed 2022 Budget of NEDA and attached agencies

INFLATION SLIGHTLY EASES IN SEPTEMBER, CALIBRATED GOV’T INTERVENTIONS NEEDED TO FURTHER BRING DOWN FOOD PRICES – NEDA

October 5, 2021 The inflation rate slightly decelerated in September 2021, aided by the government’s policies to ease food prices, said the National Economic and Development Authority. Based on the report of the Philippine Statistics Authority (PSA) today, the headline inflation rate slowed down to 4.8 percent in September 2021 from 4.9 percent in August continue reading : INFLATION SLIGHTLY EASES IN SEPTEMBER, CALIBRATED GOV’T INTERVENTIONS NEEDED TO FURTHER BRING DOWN FOOD PRICES – NEDA

NEDA HIGHLIGHTS VACCINATION ROLL-OUT, RISK MANAGEMENT, RECOVERY PROGRAM AS DRIVERS OF PH RECOVERY

October 2, 2021 Accelerating the vaccination roll-out, managing risks better, and implementing the economic recovery program are the government’s three key strategies to reach the country’s growth targets for 2021 and 2022, the National Economic and Development Authority (NEDA) said.   In his presentation during Presidential Spokesperson Harry Roque’s press briefing for the Malacañang Press Corps (MPC) on September 30, continue reading : NEDA HIGHLIGHTS VACCINATION ROLL-OUT, RISK MANAGEMENT, RECOVERY PROGRAM AS DRIVERS OF PH RECOVERY

AUGUST 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

THE AUGUST 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS   SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT OFFICER-IN-CHARGE TINA ROSE MARIE L. CANDA SEPTEMBER 30, 2021   The August 2021 Labor Force Survey results show improvements in the labor market as continue reading : AUGUST 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

PH ODA REACHES USD 30.7 BILLION IN 2020

September 27, 2021 The Philippines’ active official development assistance (ODA) portfolio reached USD 30.7 billion in 2020, a 46.6 percent increase from the previous USD 20.9 billion in 2019, said the National Economic and Development Authority (NEDA). Based on NEDA’s recently released ODA Portfolio Review Report for CY 2020, the active ODA portfolio consisted of 30 program loans, continue reading : PH ODA REACHES USD 30.7 BILLION IN 2020

COVID-19 PANDEMIC TO COST PHP 41.4 T FOR THE NEXT 40 YEARS – NEDA

September 25, 2021 Socioeconomic Planning Secretary Karl Kendrick T. Chua said the estimated long-run total cost of the COVID-19 pandemic and quarantines for present and future generations of Filipinos is estimated at 41.4 trillion pesos. “Over the past six months, NEDA, with assistance from our development partners and attached agencies, has been estimating the total continue reading : COVID-19 PANDEMIC TO COST PHP 41.4 T FOR THE NEXT 40 YEARS – NEDA

NEDA LAUNCHES PH WATER MASTER PLAN, SUPPORTS CREATION OF WATER DEPARTMENT AND REGULATORY BODY

September 16, 2021 Establishing effective water supply and sanitation (WSS) sector institutions and strengthening the regulatory environment are needed to address the future increase in water consumption and address gaps in sanitation services, the National Economic and Development Authority said.   In a speech during the virtual launch of the Philippine Water Supply and Sanitation Master continue reading : NEDA LAUNCHES PH WATER MASTER PLAN, SUPPORTS CREATION OF WATER DEPARTMENT AND REGULATORY BODY

AGRICULTURE AND HUMAN CAPITAL DEVELOPMENT KEY TO A MORE RESILIENT ECONOMY– NEDA

September 14, 2021 Reforms that enable structural transformation and strengthen human capital development are the foundations of a more resilient economy in a post-pandemic world, said the National Economic Development Authority (NEDA). In his keynote speech during the opening program of the 7th Annual Public Policy Conference (APPC) hosted by the Philippine Institute of Development Studies continue reading : AGRICULTURE AND HUMAN CAPITAL DEVELOPMENT KEY TO A MORE RESILIENT ECONOMY– NEDA

RGIN GEOPORTAL PROJECT TO HELP MINIMIZE INFORMATION GAPS, CRAFT EVIDENCE-BASED POLICIES – NEDA

September 8, 2021 The replication of the Regional Geographic Information Network (RGIN) Geoportal Project in pilot Regions 1, 6, 8, 9, 12, and 13 will help improve research and development and craft evidence-based policies in the country, the National Economic and Development Authority (NEDA) said. In a speech during the virtual launch of the Geoportal continue reading : RGIN GEOPORTAL PROJECT TO HELP MINIMIZE INFORMATION GAPS, CRAFT EVIDENCE-BASED POLICIES – NEDA

DUTERTE ADMIN ENACTED LONG-STANDING REFORMS TO PROVIDE A BETTER LIFE FOR ALL FILIPINOS – NEDA

September 8, 2021 The Duterte administration accomplished several reforms that took decades to be enacted. These helped the country attain its lowest poverty rate in 2018, and will pave the way for the achievement of its 2040 vision, said the National Economic and Development Authority (NEDA). In his presentation during the Talk to the People continue reading : DUTERTE ADMIN ENACTED LONG-STANDING REFORMS TO PROVIDE A BETTER LIFE FOR ALL FILIPINOS – NEDA

TOP ECONOMIC OFFICIALS HIGHLIGHT BRIGHT PROSPECTS OF PHILIPPINE ECONOMY BEFORE JAPANESE INVESTORS

TOP ECONOMIC OFFICIALS HIGHLIGHT BRIGHT PROSPECTS OF PHILIPPINE ECONOMY BEFORE JAPANESE INVESTORS Over 300 Japanese investors attend virtual Philippine Economic Briefing September 7, 2021 The Philippines’ top economic officials highlighted the country’s nascent economic recovery and bright medium- and long-term growth prospects before more than 300 guests from Japanese corporate and financial institutions. During the continue reading : TOP ECONOMIC OFFICIALS HIGHLIGHT BRIGHT PROSPECTS OF PHILIPPINE ECONOMY BEFORE JAPANESE INVESTORS

PH GOV’T STRENGTHENS POLICY INTERVENTIONS ON FISH, VEGETABLE, AND PORK PRICES TO CURB INFLATION – NEDA

September 7, 2021 The Philippine government will continue to ensure a stable food supply to ease prices of fish, vegetables, and pork and address the recent uptick in inflation, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority (PSA) reported that the headline inflation rate increased to 4.9 percent in August 2021 continue reading : PH GOV’T STRENGTHENS POLICY INTERVENTIONS ON FISH, VEGETABLE, AND PORK PRICES TO CURB INFLATION – NEDA

JULY 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

THE JULY 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT OFFICER-IN-CHARGE TINA ROSE MARIE L. CANDA SEPTEMBER 7, 2021 The labor force continues to recover as we build on the 11.8 percent economic growth recorded continue reading : JULY 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

MANUFACTURING CAN PAVE PH GROWTH PATH TO HIGH-INCOME COUNTRY STATUS – NEDA

August 27, 2021 The ability of the Philippines to move up to high-income country status hinges on the long-term development of the agriculture and manufacturing sectors, said the National Economic and Development Authority (NEDA). In his keynote speech during the Department of Trade and Industry – Board of Investments’ Manufacturing Summit held on August 26, continue reading : MANUFACTURING CAN PAVE PH GROWTH PATH TO HIGH-INCOME COUNTRY STATUS – NEDA

DBCC REVIEWS GROWTH ASSUMPTIONS FOR FY 2021

Review of the Growth Assumptions for FY 2021 August 18, 2021 The Development Budget Coordination Committee (DBCC) revised its growth assumptions for FY 2021 from 6.0 to 7.0 percent to 4.0 to 5.0 percent in light of the reimposition of stricter mobility restrictions in various areas of the country to effectively address the heightened risks continue reading : DBCC REVIEWS GROWTH ASSUMPTIONS FOR FY 2021

 

 

Source: Development Information Staff