Latest News 

  • 8th Apr 15

    PH exports decline on fragile global demand, lower commodity prices in February 2015

    MANILA— Philippine merchandise exports recorded a 3.1-percent decline in February 2015 on account of lower sales in agro-based products, manufactures, and petroleum products, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports reached US$4.5 billion in February 2015, down from US$4.7 billion in the same period last year. “Majority of the major economies in East and Southeast Asia registered negative export performance in February 2015, with only...

  • 7th Apr 15

    Lower food prices pull down inflation to 2.4 percent in March 2015

    MANILA – Lower food prices, primarily rice and meat, pulled down headline inflation to 2.4 percent in March 2015 from 2.5 percent in the previous month and from 3.9 percent in March 2014, according to the National Economic and Development Authority (NEDA). “The easing annual growth rate of rice prices was supported by favorable total rice stocks inventory. Food inflation could have been lower if not for the relatively higher prices of vegetables and fish, which is due in...

  • 30th Mar 15

    ODA loan disbursement triples in Q4 2014

    MANILA—The financial performance of projects and programs funded through Official Development Assistance (ODA) improved as the disbursement level in the fourth quarter of 2014 tripled from the same period of last year, according to the National Economic and Development Authority (NEDA). “Comparing the financial performance in the fourth quarter of 2014 from the same period in 2013, all absorptive capacity indicators registered favorable performance. This includes the disbursement level, disbursement rate, availment rate, and the disbursement ratio,” said NEDA...

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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