FEATURED NEWS

  • 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

  • April 5, 2020 Policies are now being identified to help the country’s economy adjust to the “new normal,” the National Economic and Development Authority (NEDA) said. “The Inter-agency Task Force Technical Working Group for Anticipatory and Forward Planning (IATF-TWG-AFP), chaired by NEDA, is currently preparing to provide recommendations to rebuild confidence and adjust to the …Read More

  • March 29, 2020 Local government units (LGUs) outside the National Capital Region must effectively implement better strategies to contain the spread of COVID-19 in their respective localities, the National Economic and Development Authority said. “COVID-19 is a novel coronavirus, which means that there is a lot that we do not know about it.  Extensive monitoring …Read More

  • March 28, 2020 As the Bayanihan to Heal as One Act is expected to expedite the implementation of measures to address the COVID-19 pandemic in the country, the National Economic and Development Authority is now preparing a plan to rebuild business and consumer confidence and avoid a prolonged economic recession. NEDA said the Bayanihan Act, recently signed by President Rodrigo Duterte, …Read More

  • March 24, 2020 Well-coordinated measures guided by a comprehensive plan are crucial to contain the spread of the COVID-19 and to mitigate its social and economic impact, the National Economic and Development Authority said. “This public health emergency brought about by COVID-19 shows us how crucial it is for us to have a whole-of-government and …Read More

  • STATEMENT Socioeconomic Planning Secretary Ernesto M. Pernia and the entire NEDA are taking the necessary precautions and risk management measures on the possible further spread of coronavirus disease (COVID-19). As of today, March 12, 2020, there is no confirmed case of COVID-19 recorded in NEDA. Secretary Pernia has gone on self-quarantine as a precautionary measure …Read More

  • March 11, 2020 The National Economic and Development Authority (NEDA) Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved the Philippine Customs Modernization Project on March 6, 2020. The project aims to improve the Bureau of Customs’ efficiency, effectiveness, and transparency by streamlining and upgrading systems, procedures, and operational activities with the use of information and communications …Read More