Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for Fiscal Year (FY) 2025 to 2028 June 26, 2025 The Development Budget Coordination Committee (DBCC) reviewed and updated the government’s medium-term macroeconomic assumptions, growth targets, and fiscal program for FYs 2025 to 2028, in light of evolving global developments, among others. The revisions take continue reading : DBCC JOINT STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for Fiscal Year (FY) 2025 to 2028 – June 26, 2025
GOV’T MEASURES CURB RICE INFLATION, KEEPING NOV 2024 INFLATION WITHIN TARGET—NEDA
December 5, 2024 –Government measures, including productivity-enhancing and strategic trade measures, helped ease inflationary pressures, maintaining the country’s inflation rate within the government’s target range, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported on Thursday (December 5) a notable decline in rice inflation, which dropped to 5.1 percent continue reading : GOV’T MEASURES CURB RICE INFLATION, KEEPING NOV 2024 INFLATION WITHIN TARGET—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
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
ENERGY, TRANSPORT HELP EASE JUNE INFLATION; GOV’T VOWS TO PURSUE MEASURES TO TAME FOOD PRICES—NEDA
JULY 5, 2024 – As the country’s inflation rate dipped with the easing of energy and transport costs, the government reaffirms its steadfast commitment to address the issue of rising food prices and ensure food security for all, as stated by the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today (July continue reading : ENERGY, TRANSPORT HELP EASE JUNE INFLATION; GOV’T VOWS TO PURSUE MEASURES TO TAME FOOD PRICES—NEDA
DBCC JOINT STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for Fiscal Years (FY) 2024 to 2028, June 27, 2024
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for Fiscal Year (FY) 2024 to 2028 June 27, 2024 In line with the Development Budget Coordination Committee’s (DBCC) proactive efforts to continuously adapt to emerging domestic and global developments, the government’s medium-term macroeconomic assumptions, growth targets, and fiscal program for Fiscal Years (FY) 2024 continue reading : DBCC JOINT STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for Fiscal Years (FY) 2024 to 2028, June 27, 2024
DBCC JOINT STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2024 to 2028 – April 4, 2024
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for Fiscal Year (FY) 2024 to 2028 April 4, 2024 The Development Budget Coordination Committee (DBCC) has recalibrated the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FYs 2024 to 2028 to reflect domestic and global developments. This recalibration will ensure that the government’s continue reading : DBCC JOINT STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2024 to 2028 – April 4, 2024
Special DBCC Joint Statement – November 3, 2023
Special DBCC Joint Statement November 3, 2023 The Development Budget Coordination Committee (DBCC) continues to take the necessary measures to ensure that the economy remains on track with the Medium-Term Fiscal Framework (MTFF) and among the best-performing economies in Asia in 2023. Revenue collections exceeded target The National Government’s revenue performance is expected continue reading : Special DBCC Joint Statement – November 3, 2023
FY 2024 BUDGET TO SUPPORT GOV’T EFFORTS IN ADDRESSING INFLATION AND SUPPORTING GROWTH — NEDA
AUG. 16, 2023 – The proposed PHP5.768-trillion national budget for 2024 will support the government’s efforts to address inflation, protect the purchasing power of Filipino families, and address the constraints to investment and inclusive economic growth according to the National Economic and Development Authority (NEDA). “We are determined to address the inflation problem, resulting in continue reading : FY 2024 BUDGET TO SUPPORT GOV’T EFFORTS IN ADDRESSING INFLATION AND SUPPORTING GROWTH — NEDA
JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2023 to 2028
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2023 to 2028 June 9, 2023 Given the positive developments in the domestic economy and recent global trends, the Development Budget Coordination Committee (DBCC) has reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for fiscal years (FY) 2023 to 2028. Real continue reading : JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2023 to 2028
JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2023 to 2028
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2023 to 2028 April 24, 2023 We, the Development Budget Coordination Committee (DBCC), reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FY 2023 to 2028 given recent developments in the domestic and global economy and the administration’s near- and continue reading : JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2023 to 2028
JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2023 to 2028
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2023 to 2028 December 5, 2022 The Development Budget Coordination Committee (DBCC) reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FY 2023 to 2028 to take into account the latest domestic developments, global economic status, and the administration’s priorities and continue reading : JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2023 to 2028
JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2022 to 2028
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2022 to 2028 July 8, 2022 The Development Budget Coordination Committee (DBCC) reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FY 2022 to 2028 to take into account the administration’s priorities and fiscal strategy, latest domestic developments, and external pressures. continue reading : JOINT STATEMENT OF THE DBCC ON THE REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2022 to 2028
DBCC JOINT STATEMENT FOR THE 181ST DBCC MEETING
Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2022 to 2025 May 24, 2022 The Development Budget Coordination Committee (DBCC) reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FY 2022 to 2025 to take into account recent domestic trends and external developments. These adjustments are also in line continue reading : DBCC JOINT STATEMENT FOR THE 181ST DBCC MEETING
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