JAPAN REMAINS TOP ODA SOURCE AS OF END-SEPT 2018

December 28, 2018 Japan remained the top provider of Official Development Assistance (ODA) to the Philippines as of September, the National Economic and Development Authority (NEDA) reported Friday. Its loans and grants stood at USD 5.98 billion, accounting for 41.20 percent of the country’s total active ODA portfolio. It was followed by the World Bank continue reading : JAPAN REMAINS TOP ODA SOURCE AS OF END-SEPT 2018

NEDA LAUDS PH NEW POVERTY INDICATOR

November 22, 2018 MANILA—The Philippines’ new poverty index that complements the existing income-based poverty measurement, will help improve the design of development programs of the government, the National Economic and Development Authority (NEDA) said. “We congratulate the Philippine Statistics Authority (PSA) for developing the multi-dimensional poverty statistics and releasing the results last week. This will continue reading : NEDA LAUDS PH NEW POVERTY INDICATOR

NEDA ICC-CABCOM OKAYS REHABILITATION OF MRT 3

August 17, 2018   MANILA—The National Economic and Development Authority (NEDA) Board Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved on Thursday the MRT Line 3 Rehabilitation Project, which will restore the 18-year-old rail system that connects the north and south ends of Metro Manila. The project, executed by the Department of Transportation (DOTr), is part of continue reading : NEDA ICC-CABCOM OKAYS REHABILITATION OF MRT 3

ICC OKs PhP 13.5-B IMPROVEMENTS IN REG’L PROJECTS

The NEDA Board Investment Coordination Committee – Cabinet Committee (ICC-CabCom) approved on July 27 improvements amounting to PhP13.5 billion for three regional projects, further strengthening the government’s commitment to regional growth. Changes in scope and cost were discussed for the Davao City Bypass Construction Project; Panguil Bay Bridge Project; and Flood Risk Management Project in continue reading : ICC OKs PhP 13.5-B IMPROVEMENTS IN REG’L PROJECTS

​WORLD BANK REPORT ON POVERTY COMPLEMENTS PH DEV’T STRATEGY

May 30, 2018 Recommendations in a World Bank (WB) assessment on poverty in the Philippines complement strategies in the Philippine Development Plan (PDP) 2017-2022, the National Economic and Development Authority said. On Tuesday, WB held a soft launch of Making Growth Work for the Poor, a poverty assessment for the Philippines for the period 2006-2015 continue reading : ​WORLD BANK REPORT ON POVERTY COMPLEMENTS PH DEV’T STRATEGY

Keynote Address of Secretary Pernia at 36th Joint Meeting of the Economic Cooperation Committees of the Philippines and Japan

Keynote Address Socioeconomic Planning Secretary Ernesto M. Pernia 36th Joint Meeting of the Economic Cooperation Committees of the Philippines and Japan New World Makati Hotel, Philippines February 22, 2018 Good morning, everyone. Japan’s Ambassador to the Philippines H.E. Koji Haneda, Philippines’ Ambassador to Japan H.E. Jose C. Laurel V, Chairman Teruo Asada of the Japan-Philippines continue reading : Keynote Address of Secretary Pernia at 36th Joint Meeting of the Economic Cooperation Committees of the Philippines and Japan

STATEMENT OF SECRETARY PERNIA AT THE 2017 NEDA YEAR-END MEDIA BRIEFING

STATEMENT ERNESTO M. PERNIA, PhD Socioeconomic Planning Secretary 2017 NEDA Year-end Press Briefing December 14, 2017, 10:00 AM NEDA Board Room, Pasig City Dear friends from the media, colleagues from NEDA, all collaborators in the endeavor for our country’s advancement, ladies and gentlemen, good morning. I am happy to see familiar faces as we conduct continue reading : STATEMENT OF SECRETARY PERNIA AT THE 2017 NEDA YEAR-END MEDIA BRIEFING

NEW MARKETS TO HELP PH TRADE RECOVERY – NEDA

The National Economic and Development Authority urges tapping of new markets for Philippine trade to bounce back from its slight decline in June 2017. NEDA-attached agency Philippine Statistics Authority reported that total trade contracted by 1.2 percent in June 2017, after posting ten months of positive growth since August last year. Despite the contraction, total continue reading : NEW MARKETS TO HELP PH TRADE RECOVERY – NEDA

MANUFACTURING POSTS DOUBLE-DIGIT GROWTH IN FIRST HALF OF 2017

The manufacturing sector grew by an average of 10 percent in the first six months of 2017 due to sustained domestic and improved external demand, according to the National Economic and Development Authority. ​This growth was backed by increased production in food manufacturing, basic metals, transport equipment, fabricated metal products, non-metallic mineral products, and export-oriented continue reading : MANUFACTURING POSTS DOUBLE-DIGIT GROWTH IN FIRST HALF OF 2017

NEDA STATEMENT ON CEBU BRT, LRT-SUBWAY PROJECT PROPOSALS

In light of recent news, the National Economic and Development Authority (NEDA) would like to clarify concerns regarding the Bus Rapid Transit (BRT) and the Light Rail Transit (LRT)-Subway projects in Cebu. NEDA stands firm and impartial in upholding standard practices and appropriate NEDA Board processes for all infrastructure project proposals. To provide context, Secretary continue reading : NEDA STATEMENT ON CEBU BRT, LRT-SUBWAY PROJECT PROPOSALS

Remarks by Socioeconomic Planning Secretary Ernesto M. Pernia during the World Economic Forum on ASEAN 2017 in Phnom Penh, Cambodia

Ladies and gentlemen: The National Economic and Development Authority, or NEDA, is the premier development and socioeconomic planning agency of the Philippines. We are pleased to share with you the country’s strategic development framework provided in our Philippine Development Plan 2017-2022, which highlights infrastructure development acceleration as among its bedrock strategies for high and sustained continue reading : Remarks by Socioeconomic Planning Secretary Ernesto M. Pernia during the World Economic Forum on ASEAN 2017 in Phnom Penh, Cambodia

Higher electricity, gas prices push up inflation in March 2017

Inflation in March 2017 rose to 3.4 percent from 3.3 percent in the previous month due to higher prices of electricity, gas and other fuels, according to the National Economic and Development Authority (NEDA). The first three months of 2017 saw the Philippine’s inflation rate trending upwards, partly due to recent hikes in food and continue reading : Higher electricity, gas prices push up inflation in March 2017

Opening remarks of Socioeconomic Planning Secretary Ernesto M. Pernia during the PH-Japan Signing of the Grant Agreement for Power Distribution in the Bangsamoro

OPENING REMARKS SOCIOECONOMIC PLANNING SECRETARY ERNESTO M. PERNIA National Economic and Development Authority Signing of the Grant Agreement for the Project for Improvement of Equipment for Power Distribution in Bangsamoro Area NEDA Executive Lounge March 30, 2017, 10:30 AM JICA Chief Representative Susumu Ito, Colleagues from the National Electrification Administration, the Office of the Presidential continue reading : Opening remarks of Socioeconomic Planning Secretary Ernesto M. Pernia during the PH-Japan Signing of the Grant Agreement for Power Distribution in the Bangsamoro

RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017

Total Philippine trade grew by 14.2 percent in January 2017 backed by the surge in export receipts from most of the country’s traditional markets, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$12.6 billion in January 2017, with imports growing by continue reading : RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017

MANUFACTURING OUTLOOK REMAINS STRONG IN Q1 2017

Increased production of basic metals, transport equipment, petroleum products and food manufactures continued to drive manufacturing output in January 2017, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries (MISSI) reports that the Volume of Production Index (VoPI) for manufacturing grew by 9.3 percent in continue reading : MANUFACTURING OUTLOOK REMAINS STRONG IN Q1 2017