JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE FIRST QUARTER OF 2022

  JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE FIRST QUARTER OF 2022 SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT OFFICER-IN-CHARGE TINA ROSE MARIE L. CANDA   May 12, 2022 — Colleagues in government, friends from the media, fellow Filipinos, continue reading : JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE FIRST QUARTER OF 2022

PH ECONOMY POISED TO RETURN TO PRE-PANDEMIC LEVEL THIS YEAR -NEDA

May 9, 2022 — Socioeconomic Planning Secretary Karl Kendrick T. Chua remained optimistic that the Philippine economy will return to its pre-pandemic growth this year as the country continues to build on progress in recovering from COVID-19 from the first half of the administration. During the Philippine Consulate General town hall meeting in New York continue reading : PH ECONOMY POISED TO RETURN TO PRE-PANDEMIC LEVEL THIS YEAR -NEDA

PH TALLIES NEW RECORD-LOW UNEMPLOYMENT RATE SINCE PANDEMIC—NEDA

May 6, 2022 — The Philippines tallied a new record-low unemployment rate since the start of the pandemic as the majority of the country shifted to alert level 1 in March 2022, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s unemployment rate fell from 6.4 percent continue reading : PH TALLIES NEW RECORD-LOW UNEMPLOYMENT RATE SINCE PANDEMIC—NEDA

GOV’T ACCELERATING INTERVENTIONS TO TEMPER INFLATION —NEDA

May 5, 2022 – The government is accelerating a comprehensive set of interventions to mitigate the impact of rising commodity prices, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the headline inflation increased from 4.0 percent in March 2022 to 4.9 percent in April 2022. This is the continue reading : GOV’T ACCELERATING INTERVENTIONS TO TEMPER INFLATION —NEDA

PH GOV’T REMAINS COMMITTED TO ACCELERATING INCLUSIVE ECONOMIC GROWTH – NEDA

April 27, 2022 – The Philippine government remains committed to accelerating inclusive economic growth aided by the International Conference on Population and Development (ICPD) Program of Action, the National Economic and Development Authority said. During the opening of the 55th Session of the Commission on Population and Development in New York on Monday, Socioeconomic Planning continue reading : PH GOV’T REMAINS COMMITTED TO ACCELERATING INCLUSIVE ECONOMIC GROWTH – NEDA

STATEMENT OF SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA ON THE 55TH SESSION OF THE COMMISSION ON POPULATION AND DEVELOPMENT

PHILIPPINE STATEMENT    KARL KENDRICK T. CHUA  SECRETARY  NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY    55th SESSION OF THE COMMISSION ON POPULATION AND DEVELOPMENT   25-29 APRIL 2022    THEME: POPULATION AND SUSTAINABLE DEVELOPMENT, IN PARTICULAR SUSTAINED AND INCLUSIVE ECONOMIC GROWTH    Mr. Chair, Excellencies, the Government of the Philippines strongly reiterates its commitment to accelerate inclusive continue reading : STATEMENT OF SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA ON THE 55TH SESSION OF THE COMMISSION ON POPULATION AND DEVELOPMENT

NEDA BACKS NATIONWIDE SHIFT TO ALERT LEVEL 1 TO IMPROVE EMPLOYMENT OUTCOMES

April 7, 2022 – Increased mobility and easing of restrictions led to significant employment creation in February 2022, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s unemployment rate in February was maintained at 6.4 percent, the lowest since the start of the COVID-19 pandemic. At the continue reading : NEDA BACKS NATIONWIDE SHIFT TO ALERT LEVEL 1 TO IMPROVE EMPLOYMENT OUTCOMES

PH GOV’T READY TO ADDRESS INFLATIONARY PRESSURES —NEDA

April 5, 2022 – The government has taken steps to address the inflationary pressures brought about by the Russia-Ukraine conflict, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that headline inflation increased to 4.0 percent in March 2022 from 3.0 percent in the previous month. The reported inflation rate continue reading : PH GOV’T READY TO ADDRESS INFLATIONARY PRESSURES —NEDA

NEDA CHAIRS 9TH ASIA-PACIFIC FORUM ON SUSTAINABLE DEVELOPMENT, HIGHLIGHTS ROLE OF REGIONAL COOPERATION IN ACHIEVING THE SDGs

Philippines’ Socioeconomic Planning Secretary Karl Kendrick T. Chua, who was elected as Chair of United Nations Economic and Social Commission for Asia and the Pacific’s (ESCAP) 9th APFSD, delivers his opening statement.   April 4, 2022 — Regional cooperation is vital in sustaining growth to achieve the United Nations’ (UN) Sustainable Development Goals (SDGs) by continue reading : NEDA CHAIRS 9TH ASIA-PACIFIC FORUM ON SUSTAINABLE DEVELOPMENT, HIGHLIGHTS ROLE OF REGIONAL COOPERATION IN ACHIEVING THE SDGs

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 ADDRESSES TWIN CRISIS OF COVID-19 RECOVERY AND RUSSIA-UKRAINE CRISIS — NEDA

March 21, 2022 Socioeconomic Planning Secretary Karl Kendrick T. Chua identified the government’s priorities and interventions to sustain the recovery from the COVID-19 pandemic and mitigate the impact of the Russia-Ukraine crisis. Speaking in the Joint Foreign Chambers of the Philippines on Wednesday, Chua cited the government’s efforts to mitigate the impact of COVID-19 on continue reading : PH GOV’T ADDRESSES TWIN CRISIS OF COVID-19 RECOVERY AND RUSSIA-UKRAINE CRISIS — NEDA

SHIFT TO ALERT LEVEL 1, RESUMPTION OF FACE-TO-FACE CLASSES TO HELP IMPROVE PH EMPLOYMENT OUTCOMES – NEDA

March 18, 2022 – While the unemployment rate declined, fewer Filipinos were able to work amid the Omicron surge in January 2022, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority today, the unemployment rate improved from 6.6 percent in December 2021 to 6.4 percent in January 2022, the continue reading : SHIFT TO ALERT LEVEL 1, RESUMPTION OF FACE-TO-FACE CLASSES TO HELP IMPROVE PH EMPLOYMENT OUTCOMES – NEDA

GOV’T TO CONTINUE TARGETED RELIEF TO VULNERABLE SECTORS AMID INFLATIONARY PRESSURES – NEDA

March 17, 2022 Targeted relief for the transport and agriculture sectors and unconditional cash transfers (UCT) for the bottom 50 percent of households will help cushion the impact of inflationary pressures arising from the Russia-Ukraine crisis, the National Economic and Development Authority (NEDA) said. These form part of the three recommendations Socioeconomic Planning Secretary Karl continue reading : GOV’T TO CONTINUE TARGETED RELIEF TO VULNERABLE SECTORS AMID INFLATIONARY PRESSURES – NEDA

NEDA PUSHES FOR MORE INNOVATION, REGIONAL EQUITY IN INFRASTRUCTURE TO ACHIEVE NEXT LEVEL OF PH DEVELOPMENT

March 15, 2022 – The National Economic and Development Authority (NEDA) is pursuing innovation and regional equity in infrastructure to sustain the country’s growth and recovery in 2022 and beyond. In the #AskNEDA Media Briefing today, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that alongside the economic recovery program, NEDA is continuously preparing for continue reading : NEDA PUSHES FOR MORE INNOVATION, REGIONAL EQUITY IN INFRASTRUCTURE TO ACHIEVE NEXT LEVEL OF PH DEVELOPMENT

SUBSIDIES, STABLE FOOD SUPPLY TO HELP COUNTRY ALLEVIATE ECONOMIC IMPACT OF GLOBAL TENSIONS – EDC

March 8, 2022 The Economic Development Cluster (EDC) has prepared 14 thematic recommendations to help the country weather the indirect impact of the Russia-Ukraine conflict. In the Talk to the People of President Rodrigo Roa Duterte on Monday,  Finance Secretary Carlos G. Dominguez opened the EDC’s presentation with an overview of the impact of the continue reading : SUBSIDIES, STABLE FOOD SUPPLY TO HELP COUNTRY ALLEVIATE ECONOMIC IMPACT OF GLOBAL TENSIONS – EDC