On 19 May 2021, NEDA issued the call for all concerned government agencies and offices to submit their priority programs and projects (PAPs) for inclusion in the Updated 2017-2020 Public Investment Program (PIP), to synchronize the PIP 2017-2022, as a programming document, with the Fiscal Year (FY) 2022 National Expenditure Program (NEP). The Updated PIP continue reading : Call for the Updating of the 2017-2022 PIP
The President’s economic team has reached a compromise with the Senate on the levels of pork import tariff rates and minimum access volume (MAV).
Sugar’s prominent role in Philippine economic history traces back to at least the 19th century. But starting at least two decades ago, some had begun to see it, rightly or wrongly, as a sunset industry. In recent years, the country has found itself importing the commodity, in stark contrast to its history of being a top export earner up until the 1970s, when the bulk of total production was exported to the United States. The days when the US Sugar Quota was a prized privilege to sell at premium prices to a highly subsidized market are long gone. So are the days of the large and powerful sugar barons drawing wealth from ownership of huge tracts of sugar land, which had since been fragmented by the Comprehensive Agrarian Reform Program (CARP) and generational partitioning.
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Acting Secretary Karl Chua’s presentation during the briefing with Senate last Septembe 17, 2020 event. Download here.
Acting Secretary Karl Chua’s presentation during the NEDA Budget Hearing last September 4, 2020 event. Download here.
The total ODA portfolio as of December 2019 amounted to USD21.62 billion, consisting of 84 loans worth USD19.98 billion (92% of the total portfolio), and 268 grants worth USD1.64 billion (8% of the total portfolio).
Japan provided the bulk of ODA assistance to the country accounting for 39 percent share (USD 8.51 billion for 41 loans/grants) of the active ODA portfolio, followed by the Asian Development Bank (ADB) with 26 percent (USD5.70 billion for 44 loans/grants) and the World Bank (WB) with 20 percent (USD4.31 billion for 25 loans/grants).
The theme “Connecting Minds, Charting NEDA’s Directions,” speaks of NEDA’s commitment to ensuring that a whole-of-government and whole-of-society approach is in place through a well-coordinated development planning cycle in the country — from planning, investment programming, budgeting, and monitoring and evaluation; and in the process, pursuing the continuous development of the institution for it to better serve the people.
Acting Secretary Karl Chua’s presentation during the Laging Handa Press Briefing held on June 8, 2020.
It contains recommendations to rebuild confidence and adjust to the “new normal” that will arise from the country’s response to the coronavirus disease (COVID-19). The report features three major parts, which correspond to the specific objectives of the TWG-AFP: reduce the people’s feeling of uncertainty through making information available to respond to some of the pressing questions of various stakeholders; recommend programs and strategies to mitigate the economic impact of the crisis on consumers and business; and recommend policies and programs to enable the country and the people to adapt to the “new normal” state of economic activities.
The survey results served as a basis for the TWG’s assessment of the impact of COVID-19 and enhanced community quarantine. These also informed the drafting of policy recommendations that will help stimulate the economy, and adapt to the “new normal” of economic activity.
Acting Secretary Karl Chua’s presentation during the Sulong Pilipinas event. Download here.
The current COVID-19 pandemic is forcing on us a “new normal” where we still need to practice social distancing and make other behavioral changes. We in government need to understand this new normal for different sectors. This way, we can come up with policies and programs to help society adjust to the new normal.
This survey is being conducted by the National Economic and Development Authority (NEDA) on behalf of the Inter-Agency Task Force on Anticipatory and Forward Planning (IATF-AFP). The results of this survey will be aggregated to ensure anonymity. Suggestions are subject to further review and consideration by NEDA and the IATF-AFP.
Presently, the epicenter of the Coronavirus Disease (2019) COVID-19 infection in the Philippines is the National Capital Region (NCR). This could be hugely attributed to the region’s major international airports and high population density. Before the implementation of the enhanced community quarantine (ECQ), people from across the country and the world have been moving in and out of NCR and this has contributed to the spread of COVID-19. Eventually, the pandemic has also reached other parts of the country and at this time, many local government units (LGUs) outside NCR can be better prepared to fight COVID-19.
Coronavirus Disease (2019) COVID-19 now poses a more serious downside risk to the global economy. The World Health Organization (WHO) declared the COVID-19 outbreak a pandemic on March 11 to signify its severity and global coverage and urged countries to take ‘urgent and aggressive action.’ On March 13, Europe was declared the new epicenter of the virus, as its confirmed cases and deaths surpassed those of the rest of the world (except China). New cases in Europe even surpassed those of China at its peak. As of March 19, globally confirmed cases reached 218,823 and 8,810 deaths. In the Philippines, there are now 217 total confirmed cases, 17 deaths, and 8 recoveries.
