JOINT MEDIA RELEASE OF NEDA-DOF-DTI ON THE SIGNING OF EXECUTIVE ORDER NO. 166

JOINT MEDIA RELEASE OF NEDA-DOF-DTI ON THE SIGNING OF EXECUTIVE ORDER NO. 166 MARCH 24, 2022 The National Economic and Development Authority (NEDA), the Department of Finance (DOF), and the Department of Trade and Industry (DTI) welcome the signing of Executive Order (EO) No. 166. The EO will strengthen the implementation of the Economic Development continue reading : JOINT MEDIA RELEASE OF NEDA-DOF-DTI ON THE SIGNING OF EXECUTIVE ORDER NO. 166

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

ICC-CABCOM OKs COST INCREASES IN MINDANAO RAILWAY AND METRO MANILA BRIDGES 

July 15, 2019 MANILA – The National Economic and Development Authority Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) on July 10, 2019, approved changes in two ongoing projects. These include the increase in cost for the Mindanao Railway Project Phase 1-Tagum-Davao-Digos Segment (MRP-TDD), and the implementation extension of the Metro Manila Priority Bridges Seismic Improvement Project. continue reading : ICC-CABCOM OKs COST INCREASES IN MINDANAO RAILWAY AND METRO MANILA BRIDGES 

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