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  • 24th Feb 15

    NEDA stresses value of integrating environmental accounting in development planning

    MANILA— The integration of Natural Capital Accounting (NCA) or Environmental Accounting in national and regional development plans ensures not only the conservation and protection of ecosystems, but also enables the country to make progress along the path of sustainable development, according to the National Economic and Development Authority (NEDA). “The NCA, through the World Bank-funded Global Wealth Accounting and Valuation of Ecosystem Services (WAVES) program, helps us understand and acknowledge the economic value of biodiversity and ecosystems so that...

  • 23rd Feb 15

    Imports mark 2.4 percent full-year growth despite slowdown in December 2014
    US$2.1 billion trade deficit, narrowest trade gap since 2001

    MANILA – Merchandise imports grew by 2.4 percent for full-year 2014 despite the 10.6 percent drop in December 2014 due to significant decreases in the value of imported mineral fuels and lubricants, capital goods, and consumer goods, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported that total payments for merchandise imports amounted to US$4.9 billion in December 2014, down by 10.6 percent from US$5.4 billion in December 2013. However, for the full-year 2014,...

  • 22nd Feb 15

    Message of Sec. Balisacan for the Philippine Infrastructure Development Seminar

    KEYNOTE SPEECH ARSENIO M. BALISACAN Economic Planning Secretary and NEDA Director-General (Delivered by NEDA Assistant Director-General Kenneth V. Tanate) Philippine Infrastructure Development Seminar 23 February 2015, 9:00 AM New World Makati Hotel To Deputy Director-General Kurosawa, Mr. Niwa, and the honorable representatives of the Ministries of Economy, Trade, and Industry of Japan, prospective partners for development from the private sector of Japan, colleagues from government, ladies and gentlemen, good morning. Once again, welcome to the Philippine Infrastructure Development Seminar....

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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