Latest News 

  • 25th Mar 15

    Continued fall in oil prices causes imports decline in January 2015

    MANILA – Merchandise imports recorded a 14.2 percent decline in January 2015 as payments for mineral fuels and lubricants, capital and consumer goods contracted in the period, according to the National Economic and Development Authority (NEDA). “Lower oil prices primarily caused the imports bill to decline significantly in January 2015. Over the medium term, payments for imported crude oil may remain lower, tempering the total value of Philippine merchandise imports in 2015,” said Economic Planning Secretary Arsenio M. Balisacan....

  • 23rd Mar 15

    PH needs more R&D investments for evidence-based disaster risk reduction policies, strategies – NEDA

    SENDAI, JAPAN – With the increasing frequency of natural hazards and disaster-related economic losses globally, more public investments on disaster risk reduction (DRR), particularly on research and development (R&D) are necessary to support more effective and evidence-based DRR policies and strategies, according to the National Economic and Development Authority (NEDA). Economic Planning Secretary Arsenio M. Balisacan emphasized the importance of this intervention during the Ministerial Roundtable on Public Investment Strategies for DRR at the 3rd United Nations (UN) World...

  • 17th Mar 15

    Message of Secretary Balisacan for the Socioeconomic Report 2014

    Last year, when we launched the Updated Philippine Development Plan 2011-2016, there was optimism about the country’s succeeding development direction. Following the realignment of strategies based on geographical considerations, we crafted and implemented new approaches which we deemed more responsive to the needs of sectors and areas where many of the poor reside and make a living. Given also the strong growth in 2012 and 2013, the expectations for 2014 were very high.  However, the country’s GDP growth for...

Latest Publications

Plans and Reports

The Philippine Development Plan 2011-2016 Midterm Update

The PDP Midterm Update realigns the government’s strategies to craft and implement concrete solutions to the country’s problems, and speed up the creation of high quality jobs, reduce poverty and achieve inclusive growth.It specifies indicators of efficiency and effectiveness to measure success, and is committed to quality-of-life targets such as creating the conditions for productive and remunerative work and improving overall well-being. Beyond income poverty, the Plan views poverty as deprivation in multiple dimensions, and thus approaches poverty reduction as also ensuring people’s access to health, education, water, sanitation, and secure shelter, among others. Read more