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  • 16th Dec 14

    Statement of Secretary Balisacan at the 2014 Year-end Press Briefing

    STATEMENT ARSENIO M. BALISACAN Economic Planning Secretary and NEDA Director-General 2014 YEAR-END MEDIA BRIEFING 17 December 2014, 1:30 PM NEDA Executive Lounge, Pasig City To our friends from the media, colleagues in government, ladies and gentlemen, good afternoon. On behalf of NEDA, I would like to thank you all for taking time to join us today as we conclude another year of milestones and challenges. Considering our constant battle with climate-related disasters, along with the uncertainties in the global...

  • 9th Dec 14

    October 2014 employment figures reveal better quality jobs generated, unemployment lowest in 10 years – NEDA

    MANILA — Significant gains were registered by the country’s labor market as employment figures for October 2014 revealed that better quality jobs were generated and unemployment dropped to its lowest in 10 years, according to the National Economic and Development Authority (NEDA). This statement came after the Philippine Statistics Authority (PSA) released the results of the Labor Force Survey (LFS) for October 2014. The survey showed that the number of employed Filipinos increased by 2.8 percent to reach 38.8...

  • 9th Dec 14

    MANUFACTURING AND AGRO-BASED SECTORS KEEP PH EXPORTS AFLOAT IN OCTOBER 2014, Government to remain watchful over growth prospects of major trading partners

    MANILA— Philippine merchandise exports grew by 2.9 percent as higher export earnings from manufactures and total agro-based commodities counterpoised weaker sales of minerals, petroleum, and forest products, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that the value of merchandise exports grew to US$5.2 billion during the period, from US$5.0 billion a year ago. For the first ten months of 2014, total export revenues reached US$51.8 billion, up by 9.2 percent...

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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