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  • Statement of Sec. Balisacan on the 2014 Q2 Performance of the Philippine Economy

    Members of the media, our colleagues in the government, ladies and gentlemen, good morning. I am pleased to report to you that economic growth accelerated to 6.4 percent in the second quarter of 2014.  This higher growth rate, coming from a high base a year ago shows that the economy is back on the higher trajectory of growth registered in 2012 and 2013 and bodes well for economic growth for the rest of 2014.  We remain as one of...

  • Lower inbound shipments of capital goods pull down imports in June 2014

    MANILA – Lower inbound shipments of capital goods pulled down merchandise imports, offsetting year-on-year gains in mineral fuels and lubricants, raw materials and intermediate goods and consumer goods in June 2014, according to the National Economic and Development Authority (NEDA). The value of imported capital goods recorded a 27.2 percent decline, from US$1.4 billion in June 2013 to US$1.0 billion in June 2014. This marked its fifth consecutive month of contraction since February 2014. “Efforts should be firmed up...

  • Presentation of Sec. Balisacan for the 2014 Human Development Report & 5th PHL Progress Report on the MDGs Launch (As read by National Statistician Lisa Grace Bersales)

    The Philippines: Human Development Index Ranking and Progress in Achieving the Millennium Development Goals Economic Planning Sec. Arsenio M. Balisacan National Launch and Press Conference of the 2014 Human Development Report and 5th PHL Progress Report on the MDGs (As read by National Statistician Lisa Grace Bersales) 20 August 2014 Crowne Plaza Manila Galleria Mr. Maurice Dewulf, Country Director, United Nations Development Programme; Ms. Luiza Carvalho, United Nations Resident Coordinator and Resident Representative of the UNDP; Professor Emmanuel De...

  • GROWTH SPREADING BEYOND NCR – NEDA, Private sector urged to partner with regional governments for inclusive growth

    ILOILO CITY – The role of regional economies in the country’s economic progress has become more pivotal as the government pushes for massive employment generation and faster poverty reduction, according to the National Economic and Development Authority (NEDA). In his statement read by NEDA Deputy Director-General Margarita R. Songco before the 5th National Convention of Regional Development Council (RDC) – Private Sector Representatives (PSRs) on August 13, 2014 in Iloilo City, Economic Planning Secretary and NEDA Director-General Arsenio Balisacan...

  • Keynote Speech of Sec. Arsenio M. Balisacan during the 1st Regional Gender and Development Council Summit

    KEYNOTE SPEECH SECRETARY ARSENIO M. BALISACAN Socioeconomic Planning Secretary and NEDA Director-General 1ST REGIONAL GENDER AND DEVELOPMENT COUNCIL (RGADC) SUMMIT 14 August 2014, 2:00 PM Oracle Hotel, Quezon City Ladies and gentlemen, good afternoon. Let me thank the Philippine Commission on Women, headed by Chairperson Remedios I. Rikken, for organizing this event and for gathering our colleagues in government and civil society partners together in promoting gender equality and women empowerment in the country. I would also like to...