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  • Statement of Sec. Balisacan on the 2014 Q3 Performance of the Philippine Economy

    STATEMENT SECRETARY ARSENIO M. BALISACAN Economic Planning Secretary and NEDA Director-General 2014 Q3 NATIONAL INCOME ACCOUNTS PRESS CONFERENCE 27 November 2014 PSA-NSCB Operations Room, Makati City   Members of the media, our colleagues in the government, ladies and gentlemen, good morning. As reported earlier, the Philippine economy grew by 5.3 percent in the third quarter of 2014.  This is much slower than the 7.0 percent expansion we observed in the third quarter of 2013.  Growth in production was mainly...

  • Secretary Balisacan’s Message at the Launch of the Energy Policy and Development Program

    MESSAGE SECRETARY ARSENIO M. BALISACAN Economic Planning Secretary and NEDA Director-General LAUNCH OF THE ENERGY POLICY AND DEVELOPMENT PROGRAM 25 November 2014, 3:00 PM Shangri-la Hotel, Makati City US Ambassador Philip Goldberg; USAID Philippines Mission Director Gloria Steele; Dean Ramon Clarete of the UP School of Economics; Sec. Carlos Jericho Petilla of the Department of Energy; representatives from the private sector; colleagues in the government; friends in the academe and energy sector; esteemed guests; ladies and gentlemen: a pleasant...

  • Imports growth to remain positive in 2014 despite decline in September – NEDA, Improved logistics efficiency needed for expected rise in economic activity in Q4

    MANILA – Imports growth is seen to remain positive for 2014 albeit its recorded contraction by 2.6 percent in September, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported that total payments for imported goods fell to US$5.6 billion in September 2014 from US$5.7 billion in September 2013. Imports of raw materials and intermediate goods reached US$2.1 billion in September 2014, lower by 11.0 percent from the US$2.4 billion in the same period last...

  • Monitoring in emergencies, key to better gov’t crisis response and decision-making – NEDA

    MANILA – Monitoring in emergencies can provide crucial information for the government to improve crisis response and decision-making in the short and long-term, according to the National Economic and Development Authority (NEDA). Economic Planning Secretary Arsenio M. Balisacan made this statement read by NEDA Deputy Director-General Rolando Tungpalan during the 4th M&E Network Philippines Forum “Monitoring and Evaluation in Emergencies: Ensuring Accountability to Affected Population” on November 13, 2014 at the Marco Polo Hotel, Pasig City. “In emergencies, providing...

  • Secretary Balisacan’s Statement at the 52nd Annual Meeting of the Philippine Economic Society

    MESSAGE SECRETARY ARSENIO M. BALISACAN Economic Planning Secretary and NEDA Director-General 52nd ANNUAL MEETING OF THE PHILIPPINE ECONOMIC SOCIETY “Running the Last Mile: Growth and Reforms to 2016” 14 November 2014, 8:00 AM InterContinental Manila, Makati City   A pleasant morning to everyone.  First of all, I would like to thank the organizers for giving me this opportunity to discuss our priorities as we run the last mile. Here we are; 594 days to go.  Knowing that our days are...