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
PH GOV’T FAST-TRACKS MEASURES TO PROVIDE TARGETED SUBSIDIES, ENSURE FOOD SUPPLY AMID GLOBAL TENSIONS—NEDA
March 4, 2022 – The Philippine government stands ready to help Filipinos from the economic impact of the Russia-Ukraine conflict, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority today, the country’s headline inflation rate remained at 3.0 percent in February 2022. This is below the median analyst forecast continue reading : PH GOV’T FAST-TRACKS MEASURES TO PROVIDE TARGETED SUBSIDIES, ENSURE FOOD SUPPLY AMID GLOBAL TENSIONS—NEDA
Benefits of Alert Level 1; Accelerating and Sustaining Economic Growth for 2022
Benefits Of Alert Level 1; Accelerating And Sustaining Economic Growth For 2022
SHIFT TO ALERT LEVEL 1 TO GENERATE PHP 9.4 BILLION OF ECONOMIC ACTIVITY PER WEEK AND BENEFIT 20.3 MILLION WORKERS
March 1, 2022 – The shift to alert level 1 in more parts of the country will generate an estimated PHP 9.4 billion per week of economic activity in gross value-added terms, the National Economic and Development Authority said. During the Talk to the People of President Rodrigo Roa Duterte on Monday, Socioeconomic Planning Secretary continue reading : SHIFT TO ALERT LEVEL 1 TO GENERATE PHP 9.4 BILLION OF ECONOMIC ACTIVITY PER WEEK AND BENEFIT 20.3 MILLION WORKERS
DBCC STATEMENT ON THE GOVERNMENT’S RESPONSE TO RISING FUEL PRICES
February 24, 2022 The Development Budget Coordination Committee is closely monitoring the factors affecting the oil prices in the country. Given recent developments, the government remains ready to provide targeted relief assistance and support to address the impact of the oil price hike for affected sectors, especially Public Utility Vehicle (PUV) drivers, farmers, and fisherfolk. continue reading : DBCC STATEMENT ON THE GOVERNMENT’S RESPONSE TO RISING FUEL PRICES
NEDA CITES TOP PRIORITIES FOR 2022 AND BEYOND
February 11, 2022– Smarter infrastructure, regional equity, innovation, and climate change are the National Economic and Development Authority’s (NEDA) top priorities to improve productivity over the medium term, according to Socioeconomic Planning Secretary Karl Kendrick Chua. In his presentation in the economic briefing and general membership meeting of the Management Association of the Philippines (MAP) continue reading : NEDA CITES TOP PRIORITIES FOR 2022 AND BEYOND
EXPANDED PEDIATRIC VACCINATION TO ENCOURAGE MORE ECONOMIC ACTIVITY, ENSURE SAFETY IN RETURN TO FACE-TO-FACE SCHOOLING – NEDA
February 11, 2022 – The vaccination of children aged five to eleven years old will encourage more economic activity, protect families, and support the resumption of face-to-face schooling, the National Economic and Development Authority (NEDA) said. “More than thirty percent of our population is below eighteen [years old], so the sooner we vaccinate them, the continue reading : EXPANDED PEDIATRIC VACCINATION TO ENCOURAGE MORE ECONOMIC ACTIVITY, ENSURE SAFETY IN RETURN TO FACE-TO-FACE SCHOOLING – NEDA
AS DELIVERED PRESENTATION OF SECRETARY KARL KENDRICK T. CHUA DURING THE MANAGEMENT ASSOCIATION OF THE PHILIPPINES ECONOMIC BRIEFING
PRESENTATION OF SECRETARY KARL KENDRICK T. CHUA MANAGEMENT ASSOCIATION OF THE PHILIPPINES ECONOMIC BRIEFING FEBRUARY 10, 2022 Good afternoon to the Management Association of the Philippines. And thank you very much for inviting me to this very important forum. The presentation is about revving up towards a full recovery in 2022. Let me try to continue reading : AS DELIVERED PRESENTATION OF SECRETARY KARL KENDRICK T. CHUA DURING THE MANAGEMENT ASSOCIATION OF THE PHILIPPINES ECONOMIC BRIEFING
EMPLOYMENT CREATION REMAINS STRONG AS ECONOMY FURTHER REOPENS – NEDA
February 10, 2022 – The country’s net employment creation in December 2021 signals that the economy is on the right track to recovery, said the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that unemployment slightly increased to 6.6 percent in December 2021 from 6.5 percent in November 2021. However, this continue reading : EMPLOYMENT CREATION REMAINS STRONG AS ECONOMY FURTHER REOPENS – NEDA
NEDA CHAIRS FIRST NATIONAL INNOVATION COUNCIL MEETING, HIGHLIGHTS ROLE OF INNOVATION IN ACHIEVING UMIC STATUS IN 2022
February 7, 2022 Socioeconomic Planning Secretary Karl Kendrick T. Chua urged the National Innovation Council (NIC) to work together to promote innovative solutions and raise the country’s overall productivity on Friday during the first council meeting. “Higher productivity will allow us to graduate from our current low middle-income country status to upper-middle income country status continue reading : NEDA CHAIRS FIRST NATIONAL INNOVATION COUNCIL MEETING, HIGHLIGHTS ROLE OF INNOVATION IN ACHIEVING UMIC STATUS IN 2022
PH GOV’T PURSUES HOLISTIC LIVESTOCK INDUSTRY DEVELOPMENT TO HELP KEEP PRICES STABLE — NEDA
February 4, 2022 – The Philippine government continues to strengthen its policies to support the livestock industry and reduce food prices, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority (PSA) today, the country’s headline inflation rate continued its downward trend as it further eased to 3.0 percent in continue reading : PH GOV’T PURSUES HOLISTIC LIVESTOCK INDUSTRY DEVELOPMENT TO HELP KEEP PRICES STABLE — NEDA
STRONG COMPETITION POLICY TO PROMOTE MORE INNOVATION, CREATE MORE AND BETTER JOBS — NEDA
February 4, 2022 – Socioeconomic Planning Secretary Karl Kendrick T. Chua said on Thursday that a strong competition policy will help strengthen the Philippines’ foundation to achieve upper-middle income country status, and to sustain growth towards high-income country status in one generation. “By fostering a business-friendly environment and a level playing field that welcomes all continue reading : STRONG COMPETITION POLICY TO PROMOTE MORE INNOVATION, CREATE MORE AND BETTER JOBS — NEDA
TIMELY PASSAGE OF ECON LIBERALIZATION BILLS TO BOOST PH POST-PANDEMIC RECOVERY—NEDA
January 31, 2022 The urgent passage of the three landmark economic liberalization bills into law will be crucial in accelerating growth in 2022 and beyond, the National Economic and Development Authority (NEDA) said. In his presentation during the #AskNEDA Media Briefing on Monday, Socioeconomic Planning Secretary Karl Kendrick T. Chua discussed how these reforms, namely continue reading : TIMELY PASSAGE OF ECON LIBERALIZATION BILLS TO BOOST PH POST-PANDEMIC RECOVERY—NEDA