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  • 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...

  • 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,...

  • 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....

  • NEDA Board approves six transport infra projects
    Projects seen to improve connectivity in Luzon, Mindanao

    MANILA – In a meeting today chaired by the President of the Republic of the Philippines, the National Economic and Development Authority (NEDA) Board approved six infrastructure projects. “Most of these projects aim to have a more reliable and efficient transport infrastructure system. These are consistent with the government’s thrust to increase investment in connective infrastructure,” said Economic Planning Secretary Arsenio M. Balisacan. Among the approved projects is the Panguil Bay Bridge Project, with the Department of Public Works...

  • Presentation of Secretary Arsenio Balisacan at the 2015 FOCAP Prospects for the Philippines Forum

    The Philippine Economy: Prospects and Outlook for 2015-2016 SECRETARY ARSENIO M. BALISACAN Economic Planning Secretary and NEDA Director-General FOCAP Prospects for the Philippines Forum 11 February, 2015 Fairmont Hotel, Makati City To the Honorable Ombudsman Conchita Carpio-Morales, the Honorable Senator Ferdinand “Bongbong” Marcos Jr., National Treasurer Roberto Tan, former PNP General Rodolfo Mendoza, FOCAP President Manny Mogato, our friends from the media, ladies and gentlemen, good morning. On behalf of the National Economic and Development Authority, I would like...