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  • 24th Jul 14

    Imports decline by 9.6 percent in May 2014: Businesses urged to invest in imported capital goods to boost competitiveness

    MANILA – Lower payments for imported mineral fuels and lubricants and capital goods significantly outweighed the sustained growth in imports of raw materials and intermediate and consumer goods in May 2014 resulting in a 9.6 percent decline from May 2013, according to the National Economic and Development Authority (NEDA). “The reversal in import payments for mineral fuels and lubricants in May 2014 from strong growth rates in the last two months significantly pulled down total imports. Moreover, sluggish importation...

  • 20th Jul 14

    July is National Nutrition Month

    NEDA joins the nation in observing the National Nutrition Month this month, July. The observation is based on Presidential Decree 491, or the Nutrition Act of the Philippines, signed on June 25, 1974. The National Nutrition Council (NNC) is spearheading the nationwide celebration of Nutrition Month. This year’s theme is “Kalamidad Paghandaan: Gutom at Malnutrisyon Agapan.” The theme aims to underscore the necessity of hunger and malnutrition prevention among Filipinos to minimize the impact of calamities and disasters. The...

  • 16th Jul 14

    EXTERNAL HUMANITARIAN & DEV’T ASSISTANCE MUST BE COORDINATED WITH GOVERNMENT – NEDA, Parallel structures overburden LGUs, Balisacan says

    Economic Planning Secretary and NEDA Director-General Arsenio Balisacan (2nd from left) met with ​​United Nations Development Programme (UNDP) Administrator Helen Clark (2nd from right) to discuss disaster risk reduction and management  and the progress and directions of UNDP assistance to the Philippines at the UN Headquarters in New York City on July 10, 2014. Also in the meeting was NEDA Deputy Director-General Rolando Tungpalan (left). NEW YORK CITY — External humanitarian and development assistance must at all times be coordinated...

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