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
HIGH-QUALITY JOBS TO BOLSTER VIBRANT PH LABOR MARKET — 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
PH SUSTAINS STRONG RECOVERY, UPBEAT LABOR MARKET – NEDA
December 7, 2022 — The Philippines continues to sustain an upbeat labor market, leading towards a strong economic recovery from the impact of COVID-19 pandemic, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate dropped to 4.5 percent in October 2022 from 7.4 percent during the continue reading : PH SUSTAINS STRONG RECOVERY, UPBEAT LABOR MARKET – NEDA
PH GOV’T TO ALLEVIATE INFLATION WITH CONTINUED TARGETED SUBSIDIES, MEASURES TO BOOST FOOD PRODUCTION — NEDA
DECEMBER 6, 2022 —The Philippine government is committed to providing timely assistance to those hardest hit by inflation and implementing measures that boost agricultural productivity to ensure the country’s food security, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s headline inflation rose to 8.0 percent in continue reading : PH GOV’T TO ALLEVIATE INFLATION WITH CONTINUED TARGETED SUBSIDIES, MEASURES TO BOOST FOOD PRODUCTION — NEDA
INVESTMENTS IN PRODUCTIVE SECTORS, HUMAN CAPITAL TO LEAD MORE QUALITY EMPLOYMENT—NEDA
October 6, 2022 – Prioritizing investment opportunities in the productive sectors and strengthening the country’s human capital will translate to more high-quality and resilient jobs, further enabling a vibrant Philippine labor market, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority today, the country’s unemployment rate significantly declined to continue reading : INVESTMENTS IN PRODUCTIVE SECTORS, HUMAN CAPITAL TO LEAD MORE QUALITY EMPLOYMENT—NEDA
AS-DELIVERED MESSAGE OF NEDA SECRETARY ARSENIO M. BALISACAN ON THE 2021 FULL-YEAR OFFICIAL POVERTY STATISTICS
MESSAGE Arsenio M. Balisacan, PhD Secretary National Economic and Development Authority Release of 2021 Full-Year Official Poverty Statistics Philippine Statistics Authority PSA Complex, East Avenue, Diliman, Quezon City 15 August 2022 | 10:00 AM Members of the media, colleagues in government, fellow Filipinos, good morning. In 2018, we achieved our goal of lifting six continue reading : AS-DELIVERED MESSAGE OF NEDA SECRETARY ARSENIO M. BALISACAN ON THE 2021 FULL-YEAR OFFICIAL POVERTY STATISTICS
STATEMENT OF NEDA SECRETARY ARSENIO M. BALISACAN ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE SECOND QUARTER OF 2022
STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE SECOND QUARTER OF 2022 NEDA SECRETARY ARSENIO M. BALISACAN AUGUST 9, 2022 Colleagues in government, friends from the media, fellow Filipinos, Good morning! Our country’s recovery from its most significant economic and health challenge remains strong due to improved risk continue reading : STATEMENT OF NEDA SECRETARY ARSENIO M. BALISACAN ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE SECOND QUARTER OF 2022
NEDA EMPHASIZES FULL REOPENING OF PH ECONOMY IN BOLSTERING JOB CREATION
August 8, 2022 MANILA – The country needs a safe and full reopening of the economy to return to a high-growth path and reinvigorate job creation, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority (PSA) today, the country’s unemployment rate in June 2022 was recorded at 6.0 percent, continue reading : NEDA EMPHASIZES FULL REOPENING OF PH ECONOMY IN BOLSTERING JOB CREATION
NEDA LAUDS ENACTMENT OF AMENDMENTS TO THE PUBLIC SERVICE ACT
March 22, 2022 – The National Economic and Development Authority (NEDA) lauds the enactment of Republic Act No. 11659 or the amendments to the Public Service Act (PSA), which President Rodrigo Roa Duterte signed into law yesterday. The amendments to the PSA limit the coverage of public utilities and effectively liberalize key public services by continue reading : NEDA LAUDS ENACTMENT OF AMENDMENTS TO THE PUBLIC SERVICE ACT
PH GOV’T FAST-TRACKS MEASURES TO PROVIDE TARGETED SUBSIDIES, ENSURE FOOD SUPPLY AMID GLOBAL TENSIONS—NEDA
March 4, 2022 – The Philippine government stands ready to help Filipinos from the economic impact of the Russia-Ukraine conflict, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority today, the country’s headline inflation rate remained at 3.0 percent in February 2022. This is below the median analyst forecast continue reading : PH GOV’T FAST-TRACKS MEASURES TO PROVIDE TARGETED SUBSIDIES, ENSURE FOOD SUPPLY AMID GLOBAL TENSIONS—NEDA
STATEMENT OF SOCIOECONOMIC PLANNING SECRETARY ERNESTO M. PERNIA AT THE PRESS CONFERENCE ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE FOURTH QUARTER AND FULL-YEAR OF 2019
STATEMENT ERNESTO M. PERNIA, PhD Socioeconomic Planning Secretary Press Conference on the Performance of the Philippine Economy for the Fourth Quarter and Full-Year of 2019 January 23, 2020 | 10:00 a.m. Hampton Conference Hall, Second Floor, Astoria Plaza, Pasig City Our partners from the Philippine Statistics Authority; Colleagues in government; Friends from the continue reading : STATEMENT OF SOCIOECONOMIC PLANNING SECRETARY ERNESTO M. PERNIA AT THE PRESS CONFERENCE ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE FOURTH QUARTER AND FULL-YEAR OF 2019
NEDA CALLS FOR INDUSTRIAL POLICY PROPELLED BY INNOVATION
January 7, 2020 An industrial policy propelled by innovation is needed to drive the country’s manufacturing growth amid the bleak near-term outlook of the sector, the National Economic and Development Authority (NEDA) said. While majority of the manufacturing subsectors grew in production volume and value, the total manufacturing index posted negative growth in November 2019, continue reading : NEDA CALLS FOR INDUSTRIAL POLICY PROPELLED BY INNOVATION
2019 FULL-YEAR INFLATION SETTLES WITHIN GOV’T TARGET
January 7, 2020 The National Economic and Development Authority (NEDA) is pleased with the news that the full-year inflation for 2019 settled at 2.5 percent, which is well within the government target of 2.0 to 4.0 percent. The Philippine Statistics Authority (PSA) reported today that the country’s headline inflation for December 2019 further accelerated, as continue reading : 2019 FULL-YEAR INFLATION SETTLES WITHIN GOV’T TARGET
PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA
July 11, 2019 MANILA – Despite the Philippines’ recent decline in trade performance, imports and exports of goods are expected to be better in the second half of 2019 due to the country’s economic outlook remaining positive for the year, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported today that continue reading : PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA
STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION
July 5, 2019 Inflation in June 2019 eased to its slowest pace in 22 months, but we still need to caution against upside risks, including weather-related shocks and uncertainties in the global oil market. The Philippine Statistics Authority reported today that the country’s headline inflation declined to 2.7 percent in June 2019 mainly due to continue reading : STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION
