FEATURED NEWS

  • June 26, 2020 Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said that the government will continue to craft well-targeted policies to optimize the use and further develop the digital economy of the country in the webinar: ‘Digital Readiness for the New Normal’ hosted by the Carlos P. Romulo Foundation and the Makati Business Club …Read More

  • June 16, 2020 Following the latest results of the Philippine Statistics Authority’s (PSA) labor force survey (LFS), more innovative and flexible learning programs are needed to respond to the challenges of preserving and creating jobs amid the COVID-19 pandemic, the National Economic and Development Authority (NEDA) said. “Workers now need to adapt to the changes …Read More

  • June 16, 2020 The government needs to intensify its support for agricultural research and development (R&D) programs of public research institutions and state universities and colleges, the National Economic and Development Authority said. “We must emphasize and promote the commercial viability of making healthy, safe, nutritious, medicinal or therapeutic, and well-packaged agricultural food products. The …Read More

  • June 10, 2020 Structural and logistics reforms are necessary to support ongoing government efforts in ensuring a quick rebound of the country’s trade sector, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total merchandise trade contracted by 59.8 percent, reaching USD 6.1 billion in April 2020, its …Read More

  • STATEMENT  ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA  #ASKNEDA MEDIA BRIEFING June 5, 2020 | 12:30-1:30pm via Zoom   Colleagues in government, friends from the media, fellow countrymen, good afternoon.   Recent developments Today, the Philippine Statistics Authority (PSA) released the latest data on three economic indicators: consumer price inflation, manufacturing performance, and the …Read More

  • June 1, 2020 Efficient and affordable e-commerce can help sustain economic activities and drive growth as the country continues to manage COVID-19 risks and transitions to the new and better normal, the National Economic and Development Authority said. “Online shopping and marketing platforms will play bigger role in the new normal as businesses and consumers …Read More

  • May 29, 2020 The Inter-Agency Task Force Technical Working Group for Anticipatory and Forward Planning (IATF-TWG for AFP) recently released the online copy of the We Recover as One report. The report details a comprehensive set of measures to mitigate impact of the COVID-19 pandemic and enable the economy to recover and transition to a …Read More

  • May 23, 2020 The NEDA-Regional Development Group (RDG) launched on May 21, 2020 ICT tools that will be useful in troubleshooting problems in the supply chain for goods and production inputs and in planning supply chain-related interventions during the COVID-19 pandemic, and potentially post-pandemic. The ICT tools are called Supply Chain Analytics (SCAn) Dashboard and …Read More

  • May 13, 2020 Responding to the impact of the COVID-19 pandemic on the Philippine economy, the Development Budget Coordination Committee (DBCC) has adjusted the country’s macroeconomic indicators and fiscal program for fiscal years (FY) 2020 to 2022. These adjustments reflect the Duterte administration’s priorities of saving lives and protecting communities, while providing support to vulnerable …Read More

  • National Economic and Development Authority Acting Secretary Karl Kendrick Chua   First Quarter 2020 National Accounts Press Conference Speech  May 7, 2020   To our colleagues from the Philippine Statistics Authority, fellow workers in government, friends from the media, and fellow Filipinos, good morning to all of you.  Our country has faced significant socio-economic risks and shocks …Read More

  • May 06, 2020 The COVID-19 pandemic around the world and the resulting restrictions in production supply chains and global trade flow led to the decline in Philippine trade in March 2020. The Philippine Statistics Authority reported today that the country’s total merchandise trade dropped to US$11.44 billion – its lowest level in two years. This …Read More

  • May 05, 2020 The headline inflation rate for April 2020 was estimated at 2.2 percent, which reflects relatively stable prices for Filipino families. Inflation rates over the past three months show a continuous downtrend trend, consistently staying within the government’s target range of 2.0 to 4.0 percent. “The steady inflation outlook over the past several …Read More

  • April 8, 2020 As the country continues to grapple with the impact of the coronavirus (COVID-19) pandemic, the National Economic and Development Authority said the government must intensify trade sector reforms for the economy to overcome the challenges of a huge global economic slowdown. The Philippine Statistics Authority reported today that the country’s total merchandise …Read More

  • April 7, 2020 The government needs to prioritize support for the production of essential goods and personal protective equipment during the country’s fight against the coronavirus disease (COVID-19), the National Economic and Development Authority said. The Philippine Statistics Authority today reported in its Monthly Integrated Survey of Selected Industries (MISSI) that the total manufacturing index …Read More

  • April 7, 2020 The government must be proactive in addressing supply bottlenecks and implementing price control measures on necessities following the spread of COVID-19, said the National Economic and Development Authority. The country’s headline inflation decelerated for the second month to 2.5 percent in March 2020, from 2.6 percent in February 2020 and 3.3 percent …Read More