NEDA AWARDED AS FOI CHAMPION

December 13, 2019 MANILA – The National Economic and Development Authority was awarded on Thursday as one of the top requested and performing agencies in the eFOI portal (www.foi.gov.ph) and was recognized for its exceptional contribution to the development and progress of the Freedom of Information (FOI). Pursuant to FOI Memorandum Circular No. 3, s. continue reading : NEDA AWARDED AS FOI CHAMPION

REGULATIONS MUST PROMOTE EFFICIENCY AND COMPETITIVENESS— NEDA

August 14, 2019 MANILA – The National Economic and Development Authority urged government agencies to ensure that policies, regulations, and other interventions promote market efficiency and do not inhibit competition and innovation. “Businesses and consumers benefit from greater efficiency and market competition. Government processes, rules and regulations, as well as issuances, should not be overly continue reading : REGULATIONS MUST PROMOTE EFFICIENCY AND COMPETITIVENESS— NEDA

BUILD, BUILD, BUILD TO CUT TRANSPORT COST  TO OVER PHP2-B IN 2022 – INFRACOM

August 09, 2019 MANILA – Aside from reducing traffic congestion, the completion of projects under the Build, Build, Build program will drastically cut transport cost in Metro Manila from PhP3.5 billion per day in 2017 to PhP2.13 billion per day in 2022, according to the National Economic and Development Authority Board’s Committee on Infrastructure (INFRACOM). continue reading : BUILD, BUILD, BUILD TO CUT TRANSPORT COST  TO OVER PHP2-B IN 2022 – INFRACOM

Statement on the Performance of the Philippine Economy in the Second Quarter of 2019

STATEMENT ERNESTO M. PERNIA, PhD Socioeconomic Planning Secretary   Press Conference on the Performance of the Philippine Economy in the Second Quarter of 2019 August 08, 2019; 10:00 am Hampton Conference Hall, Second Floor, Astoria Plaza, Pasig City   Our Partners from the Philippine Statistics Authority, Colleagues in government, Friends from the media, Ladies and continue reading : Statement on the Performance of the Philippine Economy in the Second Quarter of 2019

JOINT STATEMENT ON THE 176TH DBCC MEETING: REVIEW OF THE MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR THE 2020 PRESIDENT’S BUDGET

July 18, 2019 We, the members of the Development Budget Coordination Committee (DBCC), held our 176th meeting today, to revisit the government’s macroeconomic assumptions, medium-term fiscal program, and growth targets in time for the submission of the 2020 President’s Budget. Macroeconomic Assumptions  In view of recent domestic and external developments, we adopted the following macroeconomic continue reading : JOINT STATEMENT ON THE 176TH DBCC MEETING: REVIEW OF THE MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR THE 2020 PRESIDENT’S BUDGET

ICC-CABCOM OKs COST INCREASES IN MINDANAO RAILWAY AND METRO MANILA BRIDGES 

July 15, 2019 MANILA – The National Economic and Development Authority Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) on July 10, 2019, approved changes in two ongoing projects. These include the increase in cost for the Mindanao Railway Project Phase 1-Tagum-Davao-Digos Segment (MRP-TDD), and the implementation extension of the Metro Manila Priority Bridges Seismic Improvement Project. continue reading : ICC-CABCOM OKs COST INCREASES IN MINDANAO RAILWAY AND METRO MANILA BRIDGES 

STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION

July 5, 2019 Inflation in June 2019 eased to its slowest pace in 22 months, but we still need to caution against upside risks, including weather-related shocks and uncertainties in the global oil market. The Philippine Statistics Authority reported today that the country’s headline inflation declined to 2.7 percent in June 2019 mainly due to continue reading : STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION

ROBUST GOV’T POLICIES NEEDED TO BOLSTER MANUFACTURING GROWTH – NEDA

July 05, 2019 MANILA – A stronger push for policies and programs that improve food production and public spending and that capacitate MSMEs is needed to strengthen manufacturing growth, the National Economic and Development Authority said. In its Monthly Integrated Survey of Selected Industries (MISSI), the Philippine Statistics Authority (PSA) reported that the performance of continue reading : ROBUST GOV’T POLICIES NEEDED TO BOLSTER MANUFACTURING GROWTH – NEDA

NEDA STUDIES WAYS TO BOOST FARM PRODUCTIVITY WITH RICE TARIFFICATION

July 04, 2019 MANILA— With rice tariffication in place, bulking up investments in research and development in agriculture and investing in irrigation, among others, can markedly increase rice yields and farm productivity in the long run, the National Economic and Development Authority (NEDA) said. NEDA, in partnership with the International Food Policy Research Institute (IFPRI), continue reading : NEDA STUDIES WAYS TO BOOST FARM PRODUCTIVITY WITH RICE TARIFFICATION

‘CREATIVE HUBS’ TO SPUR FILIPINO CREATIVE INDUSTRIES – NEDA

June 27, 2019 MANILA— The National Economic and Development Authority sees the potential of establishing more “creative hubs” as a way to boost creative industries and to support the country’s economic growth. “We need more creative hubs where we can develop pools of creative talents and create opportunities for them. While Filipino creativity seems to continue reading : ‘CREATIVE HUBS’ TO SPUR FILIPINO CREATIVE INDUSTRIES – NEDA

EXPLAINER: Universal Health Care Law and what it means to PH development

For 10 years now, Christine Porciuncula, an entrepreneur from Valenzuela City, has been battling end-stage renal disease. While she says the mental stress stemming from her condition is challenging enough, getting by with her erratic income is another story. Much of her budget is used to cover medical expenses. Money easily goes down the drain continue reading : EXPLAINER: Universal Health Care Law and what it means to PH development

TRADERS, FARMERS URGED TO SCALE UP EXPORTS OF SPECIAL RICE VARIETIES

April 24, 2019 MANILA—The National Economic and Development Authority (NEDA) is encouraging farmers to increase their production of special varieties of rice to respond to the increasing demand in the international market now that restrictions on exports have been repealed. NEDA reminded rice farmers and traders that the recent rice law, or Republic Act 11203, continue reading : TRADERS, FARMERS URGED TO SCALE UP EXPORTS OF SPECIAL RICE VARIETIES

PH TO UN BODY: FIRM POLICIES ON POPULATION & DEVELOPMENT IN PLACE

April 03, 2019 UN HEADQUARTERS, NEW YORK CITY—Firm policies on population and development are already in place in the Philippines that should enable the government to meet its medium-term demographic-economic goals. This was according to Socioeconomic Planning Secretary Ernesto M. Pernia, who read the country statement during the 52nd Session of the United Nations Commission on continue reading : PH TO UN BODY: FIRM POLICIES ON POPULATION & DEVELOPMENT IN PLACE