March 20, 2023 — Following extensive review and consultations with the public, legislators, relevant administrative agencies, and other key stakeholders, the National Economic and Development Authority (NEDA) released the Implementing Rules and Regulations (IRR) of Republic Act No. 11659 or the Amendments to the Public Service Act (PSA) on March 20, 2023. Download the Public continue reading : NEDA RELEASES PUBLIC SERVICE ACT IRR

STATEMENT NEDA Secretary Arsenio M. Balisacan Fourth NEDA Board Meeting March 9, 2023 Malacañang, Manila Media Briefer Daphne Paez, Members of the Malacañang Press Corps, Good morning. I am pleased to announce that the National Economic and Development Authority Board, chaired by President Ferdinand Romualdez Marcos, Jr., during its fourth meeting today, approved two game-changing continue reading : STATEMENT OF NEDA SECRETARY ARSENIO M. BALISACAN ON THE 4TH MEETING OF THE NEDA BOARD

MARCH 9, 2023 – As the country’s labor market conditions continue to improve, the government remains steadfast in strengthening its policy interventions geared toward generating more productive and higher-quality employment, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate declined to 4.8 percent in January continue reading : PH LABOR MARKET SUSTAINS RECOVERY, GOV’T TO STRENGTHEN POLICIES TOWARD HIGH-QUALITY JOB CREATION—NEDA

MARCH 8, 2023 — The National Economic and Development Authority (NEDA) is confident of the country’s position as a viable and strong option for the investment community as it continues to be on track with its economic agenda for infrastructure development. On the last day of Nomura’s ASEAN 2023 Conference – which featured the different continue reading : NEDA SECRETARY PRESENTS INFRA DEV’T PLANS AT NOMURA’S ASEAN 2023 CONFERENCE

Statement of NEDA Secretary Arsenio M. Balisacan on the Creation of the Inter-agency Committee on Inflation and Market Outlook March 7, 2023 Recent data on economic and labor market performance indicate a robust and sustained recovery, especially with the reopening of the economy and strong consumer demand. However, foremost among our challenges this year is continue reading : STATEMENT OF NEDA SECRETARY ARSENIO M. BALISACAN ON THE CREATION OF THE INTER-AGENCY COMMITTEE ON INFLATION AND MARKET OUTLOOK

MARCH 7, 2023 – As the inflation rate eases in February 2023, the National Economic and Development Authority (NEDA) stressed the need to recalibrate government strategies to alleviate the impact of higher commodity prices. The Philippine Statistics Authority reported today that the country’s headline inflation rate marginally slowed down to 8.6 percent in February 2023 continue reading : INFLATION EASES IN FEB 2023, GOV’T TO RECALIBRATE MITIGATING STRATEGIES—NEDA

March 1, 2023 – The National Economic and Development Authority (NEDA) maintains its resolve to address high inflation and sustain the country’s rapid recovery in the year ahead amid challenges in domestic and global markets. On February 28, 2023, the Development Budget Coordination Committee (DBCC) briefed the House Committee on Appropriations on the country’s current continue reading : NEDA SECRETARY MAINTAINS RESOLVE OVER GOVT’S INFLATION MANAGEMENT; SAYS THAT INTERVENTIONS MUST ALIGN WITH PDP

FEBRUARY 22, 2023 — Following the ratification of the Regional Comprehensive Economic Partnership (RCEP) Agreement, the government is optimistic that the country will reap the benefits and advantages of the mega-trade deal, the National Economic and Development Authority (NEDA) said. “With the country’s participation to RCEP, the Philippines has now further strengthened its position as an continue reading : RCEP STRENGTHENS PH POSITION AS ASEAN INVESTMENT HUB – NEDA

As-delivered Statement of NEDA Secretary Arsenio M. Balisacan on the 4th National Innovation Council Meeting February 21, 2023 Members of the Malacañang Press Corps, Fellow Filipinos, Ladies and gentlemen, Good afternoon to all. This morning, the National Innovation Council held its fourth (4th) meeting since its creation in 2019, marking the first meeting of the continue reading : As-delivered Statement of NEDA Secretary Arsenio M. Balisacan on the 4th National Innovation Council Meeting

FEBRUARY 20, 2023 — The National Economic and Development Authority (NEDA) remains steadfast in its support toward the urgent ratification of the Regional Comprehensive Economic Partnership (RCEP) Agreement. “We, in NEDA, consider RCEP to be a vehicle that would drive our economy’s sustained growth through regional and global trade as well as through greater investment in continue reading : NEDA AFFIRMS SUPPORT TO RCEP RATIFICATION, PUSHES FOR COMPETITIVE PH AGRI

February 16, 2023 — The recent Philippine delegation’s visit to Japan served as a pivotal step to turn the plans and strategies in the Philippine Development Plan (PDP) 2023-2028 into concrete actions that will benefit the lives of all Filipinos, said the National Economic and Development Authority (NEDA). “Through our country’s intensified efforts led by President continue reading : STRONGER PH-JAPAN RELATIONS TO SUPPORT PH DEV’T PLAN IMPLEMENTATION—NEDA

QUEZON City— Transforming consumption and production patterns will be vital in accelerating the country’s shift toward a more sustainable and climate-smart economy, according to the National Economic and Development Authority (NEDA).   In the event Philippine Development Plan 2023-2028: From Plan to Action focusing on the Plan’s Chapter 15: Accelerate Climate Action and Strengthen Disaster Resilience, the NEDA called continue reading : SUSTAINABLE CONSUMPTION, PRODUCTION KEY TO RESILIENT, CLIMATE-SMART ECONOMY—NEDA

FEBRUARY 8, 2023 – The Philippine labor market continues to record positive gains as more Filipinos pursue and attain high-quality jobs amid the now fully-opened economy, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate declined to 4.3 percent in December 2022, from 6.6 percent continue reading : HIGH-QUALITY JOBS TO BOLSTER VIBRANT PH LABOR MARKET — NEDA

February 7, 2023 – As headline inflation rate further accelerated in January 2023, the National Economic and Development Authority (NEDA) said higher agricultural productivity, food supply augmentation, and energy security are top priorities of the government to temper upward price pressures. “As part of the administration’s 8-point agenda and the Philippine Development Plan 2023-2028, the continue reading : HIGHER AGRI PRODUCTION, FOOD AND ENERGY SUPPLY CRUCIAL IN ADDRESSING INFLATION – NEDA

AS-DELIVERED PRESS STATEMENT ON THE 3RD MEETING OF THE NEDA BOARD  Arsenio M. Balisacan NEDA Secretary 3 February 2023 Let me greet everyone, especially our Spokesperson Daphne Paez,  Members of the Malacañang Press Corps, Ladies and gentlemen, good morning.   Apart from the UP-PGH Project that Spokesperson Daphne has mentioned, I would like to share with continue reading : As-delivered Press Statement of NEDA Secretary Arsenio M. Balisacan on the 3rd Meeting of the NEDA Board