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  • NEDA releases document for monitoring results of post-Yolanda reconstruction

    MANILA – The National Economic and Development Authority (NEDA) has already released online a document on the overall results framework for monitoring progress in Typhoon Yolanda-related reconstruction. The Reconstruction Assistance on Yolanda’s (RAY) Implementation for Results, a companion document of Build Back Better released in December 2013, presents an overall results monitoring framework of RAY in line with the Philippine Development Plan  (PDP) 2011-2016. “Implementation for Results highlights the large portion of the recovery and reconstruction needs related to...

  • Statement of Secretary Balisacan at the Philippine Economic Briefing

    STATEMENT SECRETARY ARSENIO M. BALISACAN Socioeconomic Planning Secretary and NEDA Director-General PHILIPPINE ECONOMIC BRIEFING “Accelerating Infrastructure Development” 30 September 2014, 8:00 AM Philippine International Convention Center, Pasay City   Infrastructure development remains one of the top priorities of the Philippine Government to help sustain the robust economic performance and the improved confidence level among the international business communities that the country is currently enjoying. As we know, infrastructure development plays a critical role in the growth and competitiveness of...

  • Imports register flat growth in July 2014

    MANILA – Merchandise imports increased by only 0.002-percent year-on-year in July 2014, which may be a reflection of a regional phenomenon as majority of the East and South East Asian trade-oriented economies registered decreases in imports, according to the National Economic and Development Authority (NEDA). Vietnam, Taiwan, and South Korea were the only countries in the region that posted growth in merchandise imports with increases of 16.4 percent, 9.5 percent, and 5.8 percent, respectively. Payments for Philippine merchandise imports...

  • PH exports sustain strong double-digit growth in July ‘14

    MANILA— Merchandise exports grew by 12.4 percent in July 2014, with higher revenues from manufactures and agro-based products, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that the value of merchandise exports grew to US$5.5 billion during the period from US$4.9 billion in July 2013. The Philippines posted the second highest exports growth among the major economies in East and Southeast Asia in July 2014, next only to China. For the...

  • Strong employment figures in July 2014 support inclusive growth targets – NEDA

    MANILA—Strong gains in the country’s employment in July 2014 show continued signs of dynamism in the labor market and sustained confidence in the economy, according to the National Economic and Development Authority (NEDA). The July 2014 Labor Force Survey (LFS) revealed that the figures for employment, unemployment, underemployment, and the labor force participation rate all improved during the period. The number of employed Filipinos grew by 2.8 percent in July 2014 to 38.5 million from 37.4 million in the...