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
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 CELEBRATES NATIONAL INNOVATION DAY
April 22, 2022 — The National Economic and Development Authority (NEDA) joined the first-ever celebration of the National Innovation Day organized by the National Innovation Council (NIC) on Thursday. In his welcoming remarks, Socioeconomic Planning Secretary and NIC Vice-Chair Karl Kendrick T. Chua recognized the role of innovation in the country’s structural transformation and transition continue reading : NEDA CELEBRATES NATIONAL INNOVATION DAY
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
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
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