MESSAGE Arsenio M. Balisacan, PhD New Socioeconomic Planning Secretary National Economic and Development Authority Turnover Ceremony National Economic and Development Authority Escriva Drive, Ortigas Center, Pasig City 4 July 2022 | 9:00 AM Secretary Karl Chua, Officials and colleagues from NEDA Central and Regional Offices, the Philippine Statistics Authority, the Philippine Statistical Research continue reading : AS-DELIVERED MESSAGE OF SOCIOECONOMIC PLANNING SECRETARY ARSENIO M. BALISACAN DURING THE NEDA TURNOVER CEREMONY
NEDA WELCOMES THE ISSUANCE OF THE 12th REGULAR FOREIGN INVESTMENT NEGATIVE LIST
June 28, 2022 – The National Economic and Development Authority (NEDA) welcomes the issuance of Executive Order (EO) No. 175 promulgating the 12th Regular Foreign Investment Negative List (RFINL). On Monday, President Rodrigo R. Duterte issued the 12th RFINL, which provides details on foreign ownership limitations for key areas or activities, through EO No. 175. continue reading : NEDA WELCOMES THE ISSUANCE OF THE 12th REGULAR FOREIGN INVESTMENT NEGATIVE LIST
NEDA UNDERSCORES IMPORTANCE OF FACE-TO-FACE CLASSES, CLIMATE CHANGE ADAPTATION, AND SMART INFRASTRUCTURE
June 28, 2022 – The National Economic and Development Authority (NEDA) underscored the importance of the full resumption of face-to-face schooling, climate change adaptation and mitigation, and smart infrastructure in its last #AskNEDA media briefing under the Duterte administration on Monday. Socioeconomic Planning Secretary Karl Kendrick T. Chua opened the media briefing by reiterating NEDA’s top continue reading : NEDA UNDERSCORES IMPORTANCE OF FACE-TO-FACE CLASSES, CLIMATE CHANGE ADAPTATION, AND SMART INFRASTRUCTURE
AS-DELIVERED OPENING MESSAGE OF SECRETARY KARL KENDRICK T. CHUA DURING THE JUNE 27, 2022 #ASKNEDA MEDIA BRIEFING
As-delivered Opening message of Secretary Karl Kendrick T. Chua #AskNEDA Media Briefing 27 June 2022 Colleagues in government, friends from the media, fellow Filipinos, good morning and welcome to the final #AskNEDA media briefing under my term. In our previous media briefing, we discussed two of NEDA’s four proposed priorities for the next planning period: continue reading : AS-DELIVERED OPENING MESSAGE OF SECRETARY KARL KENDRICK T. CHUA DURING THE JUNE 27, 2022 #ASKNEDA MEDIA BRIEFING
TARGETED SUBSIDIES, FULL SCHOOL REOPENING TO HELP BRING BACK EMPLOYMENT — NEDA
June 10, 2022 — Targeted subsidies and the full resumption of face-to-face schooling will help bring back employment in the hardest-hit sectors, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported today that the country’s unemployment rate decreased from 5.8 percent in March 2022 to 5.7 percent in April 2022, the continue reading : TARGETED SUBSIDIES, FULL SCHOOL REOPENING TO HELP BRING BACK EMPLOYMENT — NEDA
CLIMATE CHANGE ADAPTATION AND MITIGATION NEED TO BE PLACED AT THE HEART OF SOCIOECONOMIC PLANNING – NEDA
MANILA – Climate change adaptation and mitigation need to be placed at the heart of socioeconomic planning for the country to achieve its 2040 vision of eradicating extreme poverty, the National Economic and Development Authority (NEDA) said. “Addressing the triple planetary crisis [of climate change, biodiversity loss, and pollution] has become our top development challenge. continue reading : CLIMATE CHANGE ADAPTATION AND MITIGATION NEED TO BE PLACED AT THE HEART OF SOCIOECONOMIC PLANNING – NEDA
EO 171, FUEL SUBSIDIES TO HELP EASE GLOBAL INFLATIONARY PRESSURES — NEDA
June 7, 2022 – The National Economic and Development Authority (NEDA) highlights the issuance of Executive Order (EO) No. 171 and the government’s fuel subsidy program in helping ease the impact of global inflationary pressures. The Philippine Statistics Authority reported that headline inflation increased to 5.4 percent in May 2022 from 4.9 percent in the continue reading : EO 171, FUEL SUBSIDIES TO HELP EASE GLOBAL INFLATIONARY PRESSURES — NEDA
AS-DELIVERED OPENING REMARKS OF SECRETARY KARL CHUA ON THE SENATE BRIEFING ON THE REGIONAL COMPREHENSIVE PARTNERSHIP AGREEMENT (RCEP)
Opening Remarks Socioeconomic Planning Secretary Karl Kendrick Chua Senate Briefing on the Regional Comprehensive Economic Partnership Agreement (RCEP) MAY 30, 2022 Good morning, Senator Win, Secretary Mon, my colleagues and friends in the Senate and the Executive, and everyone viewing us today to understand better what this RCEP is. First of all, I’m grateful for continue reading : AS-DELIVERED OPENING REMARKS OF SECRETARY KARL CHUA ON THE SENATE BRIEFING ON THE REGIONAL COMPREHENSIVE PARTNERSHIP AGREEMENT (RCEP)
NEDA, DTI UNDERSCORES IMPORTANCE OF RCEP AGREEMENT WHILE ALSO IMPROVING AGRI PRODUCTIVITY, COMPETITIVENESS
JOINT MEDIA RELEASE OF NEDA-DTI ON THE SENATE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP (RCEP) AGREEMENT BRIEFING MAY 30, 2022 NEDA, DTI UNDERSCORES IMPORTANCE OF RCEP AGREEMENT WHILE ALSO IMPROVING AGRI PRODUCTIVITY, COMPETITIVENESS MANILA – The ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) is needed to boost the economy in parallel with initiatives for a continue reading : NEDA, DTI UNDERSCORES IMPORTANCE OF RCEP AGREEMENT WHILE ALSO IMPROVING AGRI PRODUCTIVITY, COMPETITIVENESS
NEDA PUSHES FOR RCEP AGREEMENT, JOINS DIALOGUE WITH AGRI STAKEHOLDERS
May 29, 2022 – The Philippines’ agricultural sector can further improve if we pursue parallel efforts in fixing the structural issues of the sector and join the Regional Comprehensive Economic Partnership (RCEP) agreement, the National Economic and Development Authority (NEDA) said. Socioeconomic Planning Secretary Karl Kendrick T. Chua, along with Department of Trade and Industry continue reading : NEDA PUSHES FOR RCEP AGREEMENT, JOINS DIALOGUE WITH AGRI STAKEHOLDERS
SIN TAXES FUNDED UNIVERSAL HEALTH CARE PROGRAM, BETTER SOCIAL SERVICES AMID PANDEMIC – NEDA
May 26, 2022 – Socioeconomic Planning Secretary Karl Kendrick T. Chua said that the sin taxes on alcohol, tobacco, e-cigarettes, and sugar-sweetened beverages raised revenues for the Universal Health Care program and insured the country against the impact of the pandemic. Chua shared the country’s experience in pushing for excise tax legislation during the 75th continue reading : SIN TAXES FUNDED UNIVERSAL HEALTH CARE PROGRAM, BETTER SOCIAL SERVICES AMID PANDEMIC – 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
RICE TARIFFICATION LAW IS THE BEST MODEL THAT WE HAVE TO HELP BOTH FARMERS AND CONSUMERS — NEDA
May 19, 2022 – Socioeconomic Planning Secretary Karl Kendrick T. Chua said that the Rice Tariffication Law (RTL) is the best model that we have to help both farmers and consumers. Republic Act No. 11203 or the RTL replaced the quantitative restrictions on imported rice with tariffs of 35 to 40 percent and established the continue reading : RICE TARIFFICATION LAW IS THE BEST MODEL THAT WE HAVE TO HELP BOTH FARMERS AND CONSUMERS — NEDA
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
