TARGETED CASH TRANSFER SUBSIDY TO MITIGATE INFLATION IMPACT — NEDA

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

PHILIPPINE DEVELOPMENT PLAN 2023-2028 TO PROVIDE ROADMAP TOWARDS SUSTAINED AND INCLUSIVE GROWTH — NEDA

August 3, 2022 – The Philippine Development Plan 2023-2028 (PDP 2023-2028) shall provide a roadmap towards unlocking sustained and inclusive growth for the Philippine economy despite the challenges brought by health, geopolitical, and other economic shocks. This is according to the National Economic and Development Authority (NEDA), which will spearhead the Plan’s formulation, oversee its continue reading : PHILIPPINE DEVELOPMENT PLAN 2023-2028 TO PROVIDE ROADMAP TOWARDS SUSTAINED AND INCLUSIVE GROWTH — NEDA

NEDA TO FLESH OUT DEVELOPMENT AGENDA FOR ADDRESSING CONSTRAINTS TO INCLUSIVE GROWTH

July 28, 2022 – Tasked to spearhead the formulation of the Philippine Development Plan (PDP) 2023-2028, the National Economic and Development Authority (NEDA) will flesh out the 8-point socioeconomic agenda of the Marcos Administration that will address constraints to the country’s inclusive and sustainable growth, NEDA Secretary Arsenio M. Balisacan said. During the 2022 Post-SONA continue reading : NEDA TO FLESH OUT DEVELOPMENT AGENDA FOR ADDRESSING CONSTRAINTS TO INCLUSIVE GROWTH

SCIENCE, TECHNOLOGY, AND INNOVATION KEY TO DRIVING GROWTH, ADDRESSING GLOBAL CHALLENGES – NEDA

July 19, 2022 – The interdisciplinary coordination of Science, Technology, and Innovation (STI) will act as a catalyst in driving economic growth and addressing global risks and challenges, the National Economic and Development Authority (NEDA) said. During the 44TH Annual Scientific Meeting (ASM) held on July 13 and 14, 2022, NEDA’s response to the ASM continue reading : SCIENCE, TECHNOLOGY, AND INNOVATION KEY TO DRIVING GROWTH, ADDRESSING GLOBAL CHALLENGES – NEDA

INCREASING EMPLOYABILITY OF WORKFORCE TO FURTHER IMPROVE PH LABOR MARKET — NEDA

July 7, 2022 – Increasing the employability of the current and future workforce will translate to more job creation and better employment outcomes in the medium term, the National Economic and Development Authority (NEDA) said.   As reported by the Philippine Statistics Authority (PSA) today, the country’s unemployment rate improved to 6.0 percent in May 2022 from the 7.7 continue reading : INCREASING EMPLOYABILITY OF WORKFORCE TO FURTHER IMPROVE PH LABOR MARKET — NEDA

PH GOV’T STRENGTHENS POLICY INTERVENTIONS ON SUPPLY SUFFICIENCY, AGRI PRODUCTIVITY AND TARGETED RELIEF TO CURB INFLATION—NEDA

July 5, 2022 – The Philippine government is committed to ensuring a stable food supply and mitigating the impact of rising commodity prices amid the global energy crisis, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority (PSA) today, the country’s headline inflation rate accelerated to 6.1 percent in continue reading : PH GOV’T STRENGTHENS POLICY INTERVENTIONS ON SUPPLY SUFFICIENCY, AGRI PRODUCTIVITY AND TARGETED RELIEF TO CURB INFLATION—NEDA

AS-DELIVERED MESSAGE OF SOCIOECONOMIC PLANNING SECRETARY ARSENIO M. BALISACAN DURING THE NEDA TURNOVER CEREMONY

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

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

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

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