August 3, 2022 – The release of targeted subsidies to the most vulnerable Filipino families will cushion the impact of elevated prices of oil and other commodities, the National Economic and Development Authority (NEDA) said after the Department of Budget and Management (DBM) approved the release of the Special Allotment Release Order (SARO) worth PhP4.1 continue reading : TARGETED CASH TRANSFER SUBSIDY TO MITIGATE INFLATION IMPACT — NEDA
DBCC JOINT STATEMENT FOR THE 181ST DBCC MEETING
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2022 to 2025 May 24, 2022 The Development Budget Coordination Committee (DBCC) reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FY 2022 to 2025 to take into account recent domestic trends and external developments. These adjustments are also in line continue reading : DBCC JOINT STATEMENT FOR THE 181ST DBCC MEETING
JOINT DBCC STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2020 to 2022
JOINT DBCC STATEMENT Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2020 to 2022 December 3, 2020 We, the members of the Development Budget Coordination Committee (DBCC), met to review the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets. We have revised macroeconomic assumptions and targets to take into account continue reading : JOINT DBCC STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2020 to 2022
JOINT STATEMENT ON THE 176TH DBCC MEETING: REVIEW OF THE MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR THE 2020 PRESIDENT’S BUDGET
July 18, 2019 We, the members of the Development Budget Coordination Committee (DBCC), held our 176th meeting today, to revisit the government’s macroeconomic assumptions, medium-term fiscal program, and growth targets in time for the submission of the 2020 President’s Budget. Macroeconomic Assumptions In view of recent domestic and external developments, we adopted the following macroeconomic continue reading : JOINT STATEMENT ON THE 176TH DBCC MEETING: REVIEW OF THE MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR THE 2020 PRESIDENT’S BUDGET
JOINT STATEMENT ON JANUARY 2019 INFLATION BY THE ECONOMIC TEAM (NEDA-DOF-DBM)
February 5, 2018 We, the economic managers, are glad to report that the country’s inflation rate in January further slowed down to 4.4 percent. This gives us an auspicious start in our efforts this year to keep inflation manageable and bring it back to the government’s target range of 2 to 4 percent for 2019. January’s inflation outturn continue reading : JOINT STATEMENT ON JANUARY 2019 INFLATION BY THE ECONOMIC TEAM (NEDA-DOF-DBM)
ECONOMIC MANAGERS’ JOINT STATEMENT ON THE NOVEMBER 2018 INFLATION
The economic managers are pleased to report that inflation rate has markedly slowed to 6.0 percent in November 2018, suggesting the efficacy of anti-inflationary measures taken by the government and pointing to continuing reduction going forward. Today, the Philippine Statistics Authority announced that year-on-year inflation eased to 6.0 percent in November from 6.7 percent in October 2018, the lowest rate since the 5.7 percent rate in July. In fact, continue reading : ECONOMIC MANAGERS’ JOINT STATEMENT ON THE NOVEMBER 2018 INFLATION
ECONOMIC MANAGERS’ JOINT STATEMENT ON THE NOVEMBER 2018 INFLATION
The economic managers are pleased to report that inflation rate has markedly slowed to 6.0 percent in November 2018, suggesting the efficacy of anti-inflationary measures taken by the government and pointing to continuing reduction going forward. Today, the Philippine Statistics Authority announced that year-on-year inflation eased to 6.0 percent in November from 6.7 percent in continue reading : ECONOMIC MANAGERS’ JOINT STATEMENT ON THE NOVEMBER 2018 INFLATION
JOINT STATEMENT ON THE OCTOBER 2018 INFLATION BY THE ECONOMIC TEAM (NEDA-DOF-DBM)
November 6, 2018 Following nine consecutive months of increase in the prices of goods, the government’s economic team is glad to report to the public that the country’s inflation rate is pointing towards a downward path. The Philippine Statistics Authority said that, while the year-on-year headline inflation in October 2018 was steady at 6.7 percent, continue reading : JOINT STATEMENT ON THE OCTOBER 2018 INFLATION BY THE ECONOMIC TEAM (NEDA-DOF-DBM)
DOF-NEDA-DBM Joint Statement on July 2018 Inflation Report
August 7, 2018 ADDRESS SUPPLY CONSTRAINTS TO TEMPER INFLATION –NEDA, DBM, DOF MANILA— The Government’s Economic Team, composed of the Department of Budget and Management (DBM), Department of Finance (DOF), and National Economic and Development Authority (NEDA), said stronger government measures, most especially in improving agriculture productivity and, in the short term, a strategic trade continue reading : DOF-NEDA-DBM Joint Statement on July 2018 Inflation Report
NEDA-DBM-DOF JOINT STATEMENT ON THE MAY 2018 INFLATION REPORT
June 5, 2018 JOINT STATEMENT ON THE MAY 2018 INFLATION REPORT We, the economic managers of the Duterte Administration, reiterate the government’s unwavering commitment to improve the lives of the Filipino people and bring lasting change to our country. The administration is steadfast in the conviction that we can build a prosperous, high-income economy with a predominantly middle-class society by 2040. Toward this continue reading : NEDA-DBM-DOF JOINT STATEMENT ON THE MAY 2018 INFLATION REPORT
PH ECON MANAGERS RECOMMEND ALTERNATIVE TO ‘ACROSS-THE-BOARD’ FREE TUITION POLICY PROPOSAL
February 9, 2017 MANILA – In a joint position paper, the economic managers of the Philippine government recommended fully funding the Unified Student Financial Assistance System for Tertiary Education (UniFAST) as a better alternative to the proposed legislations on free tuition for all undergraduate students in State Universities and Colleges (SUCs). According to Socioeconomic Planning continue reading : PH ECON MANAGERS RECOMMEND ALTERNATIVE TO ‘ACROSS-THE-BOARD’ FREE TUITION POLICY PROPOSAL
ACROSS-THE-BOARD WAGE HIKE COULD WORSEN INEQUALITY —NEDA
19 October 2016 MANILA — The National Economic and Development Authority, together with the Department of Finance, Department of Budget and Management, and the Department of Trade and Industry, stood against the Php125.00 across-the-board (ATB) wage increase for workers in the private sector, saying it could worsen inequality across regions. The Php125.00 ATB daily wage continue reading : ACROSS-THE-BOARD WAGE HIKE COULD WORSEN INEQUALITY —NEDA
