Statement on the 2023 Full Year Official Poverty Statistics Arsenio M. Balisacan, PhD Secretary, National Economic and Development Authority August 15, 2024 The updated 2023 Full Year Official Poverty Statistics Report released today (August 15) by the Philippine Statistics Authority (PSA) reveals promising signs of inclusive government efforts to reduce poverty across our continue reading : Statement on the 2023 Full Year Official Poverty Statistics
As-Delivered Statement of NEDA Secretary Arsenio M. Balisacan during the Briefing of the Development Budget Coordinating Committee at the Senate Committee of Finance
Recent Economic Performance and Growth Outlook Secretary Arsenio M. Balisacan, PhD National Economic and Development Authority Agenda for Prosperity: Fulfilling the Needs and Aspirations of the Filipino People Sen. A.B. Padilla Room, Senate of the Philippines, Pasay City August 13, 2024 | 10:30 A.M. Honorable Chairperson of the Committee on Finance, Senator Grace Poe, continue reading : As-Delivered Statement of NEDA Secretary Arsenio M. Balisacan during the Briefing of the Development Budget Coordinating Committee at the Senate Committee of Finance
PH ACHIEVES 27 PERCENT INCREASE IN ODA LOAN DISBURSEMENT, BOLSTERING ECONOMIC RECOVERY AND INFRA DEV’T—NEDA
AUGUST 8, 2024 – The Philippines has made significant strides in its economic recovery and infrastructure development efforts, with a notable 27 percent increase in the financial disbursement of Official Development Assistance (ODA) loans in 2023. This improvement in disbursement, which reached a cumulative total of USD15.80 billion last year, underscores the government’s commitment to continue reading : PH ACHIEVES 27 PERCENT INCREASE IN ODA LOAN DISBURSEMENT, BOLSTERING ECONOMIC RECOVERY AND INFRA DEV’T—NEDA
As-Delivered Press Statement of NEDA Secretary Arsenio M. Balisacan on the Philippine Economic Performance for the Second Quarter of 2024
As-Delivered Statement of NEDA Secretary Arsenio M. Balisacan on the Philippine Economic Performance for the Second Quarter of 2024 08 August 2024 | Philippine Statistics Authority Esteemed members of the media, Fellow Filipinos, Ladies and gentlemen, Good morning to you all. Today, we are pleased to announce that the Philippine economy has sustained its continue reading : As-Delivered Press Statement of NEDA Secretary Arsenio M. Balisacan on the Philippine Economic Performance for the Second Quarter of 2024
PH UNEMPLOYMENT DROPS TO 3.1 PERCENT IN JUNE, GOV’T RAMPS UP EFFORTS FOR HIGH-QUALITY JOB GENERATION—NEDA
AUGUST 7, 2024 — The government is intensifying its strategies to create high-quality job opportunities for Filipinos, as the country’s labor market remains robust and resilient, hitting a record-low unemployment rate in June 2024, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported on Wednesday (August 7) that the continue reading : PH UNEMPLOYMENT DROPS TO 3.1 PERCENT IN JUNE, GOV’T RAMPS UP EFFORTS FOR HIGH-QUALITY JOB GENERATION—NEDA
DBCC HIGHLIGHTS SOCIOECONOMIC GAINS, IDENTIFIES GOVT’S DEVT PRIORITIES AS 2025 BUDGET HEARINGS BEGIN
August 6, 2024 — During the Development Budget Coordination Committee’s (DBCC) National Budget briefing to the House of Representatives Committee on Appropriations on Monday (August 5), the Marcos Administration’s economic team highlighted several markers of socioeconomic progress and identified key priority areas to be financed under the FY 2025 National Expenditure Program. National Economic and continue reading : DBCC HIGHLIGHTS SOCIOECONOMIC GAINS, IDENTIFIES GOVT’S DEVT PRIORITIES AS 2025 BUDGET HEARINGS BEGIN
NEDA VOWS STRONGER MEASURES TO ENSURE FOOD SECURITY AMID LA NIÑA, HIGHER INFLATION
AUGUST 6, 2024 — The National Economic and Development Authority (NEDA) assured the public on Tuesday, August 6, that the government is implementing crucial interventions to support the most vulnerable sectors and ensure food security amid the ongoing La Niña phenomenon and the higher inflation recorded in July 2024. The Philippine Statistics Authority (PSA) reported continue reading : NEDA VOWS STRONGER MEASURES TO ENSURE FOOD SECURITY AMID LA NIÑA, HIGHER INFLATION
As-Delivered Statement of NEDA Secretary Arsenio M. Balisacan at the Briefing of the DBCC with the House of Representatives
Updates on the Philippine Development Plan and Recent Economic Outlook Secretary Arsenio M. Balisacan, PhD National Economic and Development Authority Agenda for Prosperity: Fulfilling the Needs and Aspirations of the Filipino People Plenary Hall, House of Representatives, Quezon City August 5, 2024 | 10:00 AM Honorable Speaker Martin Romualdez, Honorable Chairperson Elizaldy Co, Senior Vice-Chairperson continue reading : As-Delivered Statement of NEDA Secretary Arsenio M. Balisacan at the Briefing of the DBCC with the House of Representatives
NEDA REORGANIZATION PIVOTAL FOR ENHANCED PLANNING, POLICYMAKING, PROGRAM IMPLEMENTATION — BALISACAN
AUGUST 2, 2024 — An institutionalized Department of Economy, Planning, and Development (DEPDEV) is necessary to empower the National Economic and Development Authority (NEDA) to fulfill its mandate of fostering socioeconomic development in the Philippines. NEDA Secretary Arsenio M. Balisacan made this pitch for the Economy, Planning, and Development Bill or NEDA Bill at the recent Senate continue reading : NEDA REORGANIZATION PIVOTAL FOR ENHANCED PLANNING, POLICYMAKING, PROGRAM IMPLEMENTATION — BALISACAN
PH INNOVATION COUNCIL ADVANCES KEY INITIATIVES TO DEVELOP ECOSYSTEM, SUPPORT FILIPINNOVATORS
AUGUST 2, 2024 – The National Innovation Council (NIC) approved several critical initiatives on Thursday (August 1) to foster innovation in the Philippines by enhancing its ecosystem and addressing critical barriers to development. At the 7th meeting of the NIC, the council has approved the implementing guidelines for the annual National and Regional Innovation Awards continue reading : PH INNOVATION COUNCIL ADVANCES KEY INITIATIVES TO DEVELOP ECOSYSTEM, SUPPORT FILIPINNOVATORS
SONA HIGHLIGHTS WHOLE-OF-GOVERNMENT EFFORT TO ACHIEVE FOOD SECURITY, INCLUSIVE ECONOMIC GROWTH—NEDA
JULY 23, 2024 — President Ferdinand R. Marcos, Jr.’s State of the Nation Address (SONA) highlighted the government’s transformative actions and marching orders to fully implement the Philippine Development Plan (PDP) 2023-2028. These programs, policies, and projects seek to transform the country’s production and social sectors with the aim of achieving the government’s paramount objectives continue reading : SONA HIGHLIGHTS WHOLE-OF-GOVERNMENT EFFORT TO ACHIEVE FOOD SECURITY, INCLUSIVE ECONOMIC GROWTH—NEDA
PH MAKES SIGNIFICANT PROGRESS IN POVERTY REDUCTION, SINGLE-DIGIT POVERTY RATE ACHIEVABLE BY 2028—NEDA
JULY 22, 2024 — Despite experiencing domestic and external challenges, the Philippines has made remarkable strides in reducing poverty levels between 2021 and 2023, marking significant progress toward the government’s ambitious target of reducing poverty incidence to a single-digit level by 2028, according to the National Economic and Development Authority (NEDA). The 2023 Full Year continue reading : PH MAKES SIGNIFICANT PROGRESS IN POVERTY REDUCTION, SINGLE-DIGIT POVERTY RATE ACHIEVABLE BY 2028—NEDA
NEDA BOARD APPROVES CHANGES IN LAGUNA LAKESHORE ROAD PROJECT, SETS TERMS FOR BOHOL, LAGUINDINGAN AIRPORTS
JULY 16, 2024 – In a move that underscores the government’s commitment to infrastructure development as a catalyst for sustained and inclusive economic growth, the National Economic and Development Authority (NEDA) Board approved key changes to the Laguna Lakeshore Road Network (LLRN) Project during its 19th meeting held on July 15, 2024. The NEDA Board, continue reading : NEDA BOARD APPROVES CHANGES IN LAGUNA LAKESHORE ROAD PROJECT, SETS TERMS FOR BOHOL, LAGUINDINGAN AIRPORTS
PH INFRA EXPANSION: A CATALYST FOR INVESTMENT, SUSTAINED ECONOMIC GROWTH AND INCLUSION—NEDA
JULY 13, 2024 – The National Economic and Development Authority (NEDA) emphasized the pivotal role of infrastructure development in sustaining the Philippines’ economic growth and fostering inclusion. By attracting massive investments, the country can unlock more venture opportunities offering higher-quality employment, thereby fostering a robust and resilient economy. At the ‘Build-Better-More’ Infrastructure Forum on Friday, July continue reading : PH INFRA EXPANSION: A CATALYST FOR INVESTMENT, SUSTAINED ECONOMIC GROWTH AND INCLUSION—NEDA
SCIENCE, TECHNOLOGY, AND INNOVATION VITAL IN ACHIEVING A HUNGER-FREE PHILIPPINES—NEDA
JULY 12, 2024 — The National Economic and Development Authority (NEDA) underscored the pivotal role of science, technology, and innovation in achieving a hunger-free Philippines during the 46th Annual Scientific Meeting (ASM) of the National Academy of Science and Technology (NAST) held yesterday, July 11. In NEDA’s response to the 46th ASM Resolutions, NEDA Secretary continue reading : SCIENCE, TECHNOLOGY, AND INNOVATION VITAL IN ACHIEVING A HUNGER-FREE PHILIPPINES—NEDA