APRIL 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S  ECONOMIC MANAGERS

THE APRIL 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S  ECONOMIC MANAGERS SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT SECRETARY WENDEL E. AVISADO JUNE 8, 2021  Introduction The first quarter of 2021 showed us encouraging results as we control the spread of COVID-19 and continue reading : APRIL 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S  ECONOMIC MANAGERS

IMPACT OF PORK TARIFF REDUCTION AND MAV INCREASE TO BE SEEN IN JUNE 2021 – NEDA

Food inflation moderates in May IMPACT OF PORK TARIFF REDUCTION AND MAV INCREASE TO BE SEEN IN JUNE 2021  – NEDA June 4, 2021 The temporary reduction in tariffs and the increase in the minimum access volume (MAV) for pork, implemented in mid-May, is expected to bring in benefits starting June 2021, said the National continue reading : IMPACT OF PORK TARIFF REDUCTION AND MAV INCREASE TO BE SEEN IN JUNE 2021 – NEDA

As-delivered Opening Statement of Secretary Chua during Commission on Appointments Hearing 

As-delivered Opening Statement of Secretary Karl Kendrick T. Chua Commission on Appointments (CA) Hearing 2 June 2021|1:00 PM  Good afternoon, Honorable Senate President Sotto, Honorable Congressman Zamora, Chairperson Honorable Congressman Cagas, Presiding Chair Honorable Senator Recto, and all honorable members of the Commission on Appointments. I am honored this day to appear before the distinguished continue reading : As-delivered Opening Statement of Secretary Chua during Commission on Appointments Hearing 

JOINT DBCC STATEMENT: REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2021 TO 2024

JOINT STATEMENT ON THE 179TH DEVELOPMENT BUDGET COORDINATION COMMITTEE MEETING Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2021 to 2024 May 18, 2021 We, the members of the Development Budget Coordination Committee (DBCC), reviewed the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets for FY 2021 to 2024. This is continue reading : JOINT DBCC STATEMENT: REVIEW OF THE MEDIUM-TERM MACROECONOMIC ASSUMPTIONS AND FISCAL PROGRAM FOR FY 2021 TO 2024

PH ECONOMY SHOWING SIGNS OF RECOVERY IN Q1 2021 – ECON MANAGERS

May 12, 2021 The country’s strong economic position before the pandemic and improving economic data in recent months point to an economy on the mend, according to the Philippine government’s economic managers, consisting of Socioeconomic Planning Secretary Karl Kendrick T. Chua, Finance Secretary Carlos G. Dominguez, and Budget Secretary Wendel E. Avisado. As reported by continue reading : PH ECONOMY SHOWING SIGNS OF RECOVERY IN Q1 2021 – ECON MANAGERS

PH RECORDS LOWEST UNEMPLOYMENT RATE SINCE COVID-19 PEAK – ECON MANAGERS   

May 6, 2021 Rising labor force participation and falling unemployment have enabled millions of Filipinos to regain their jobs and incomes in March 2021, according to the country’s economic managers. In a joint official statement, the Philippine government’s economic managers consisting of Socioeconomic Planning Secretary Karl Kendrick T. Chua, Finance Secretary Carlos G. Dominguez, and Budget Secretary continue reading : PH RECORDS LOWEST UNEMPLOYMENT RATE SINCE COVID-19 PEAK – ECON MANAGERS   

THE MARCH 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

THE MARCH 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA FINANCE SECRETARY CARLOS G. DOMINGUEZ BUDGET AND MANAGEMENT SECRETARY WENDEL E. AVISADO MAY 6, 2021   Labor force survey (LFS) results The labor market continued to see gains in March 2021 following the continue reading : THE MARCH 2021 LABOR FORCE SURVEY RESULTS JOINT STATEMENT OF THE DUTERTE ADMINISTRATION’S ECONOMIC MANAGERS

INCREASED PORK IMPORTATION URGENTLY NEEDED TO TEMPER RISING MEAT INFLATION – NEDA

May 5, 2021 The temporary reduction of pork tariffs and the increase of the minimum access volume (MAV) for imported pork are essential to immediately curb the rising pork inflation for the benefit of some 100 million Filipinos, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported that the country’s headline continue reading : INCREASED PORK IMPORTATION URGENTLY NEEDED TO TEMPER RISING MEAT INFLATION – NEDA

GOV’T MANAGING RISKS, FAST-TRACKING CONTACT TRACING EFFORTS AND NATIONAL ID – NEDA

May 4, 2021 The Philippine government is recalibrating its COVID-19 response to better manage risks and fast-track solutions on contact-tracing and the national ID deployment, said the National Economic and Development Authority (NEDA). “Instead of shutting down the entire economy, we only close down the sectors or the areas with the higher risk and allow continue reading : GOV’T MANAGING RISKS, FAST-TRACKING CONTACT TRACING EFFORTS AND NATIONAL ID – NEDA

MANAGING COVID-19 RISKS NEEDED TO IMPROVE LABOR MARKET CONDITIONS – NEDA

May 4, 2021 The government’s roadmap to economic recovery entails effectively managing COVID-19 risks to empower individuals and firms to thrive in the new normal, said the National Economic and Development Authority (NEDA). “Managing the current risks brought about by the COVID-19 pandemic and other economic shocks will be crucial in continuously improving labor market continue reading : MANAGING COVID-19 RISKS NEEDED TO IMPROVE LABOR MARKET CONDITIONS – NEDA

PH STRUCTURAL TRANSFORMATION HINGES ON INNOVATION IN AGRICULTURE AND HUMAN CAPITAL – NEDA

April 22, 2021 Innovation in agriculture and human capital will facilitate the Philippines’ structural transformation to upper middle-income status, said the National Economic and Development Authority (NEDA). “We continue to persevere to achieve our 2040 vision where no one is poor and everyone is living in a more comfortable middle-class society. The Philippines has great continue reading : PH STRUCTURAL TRANSFORMATION HINGES ON INNOVATION IN AGRICULTURE AND HUMAN CAPITAL – NEDA

AS-DELIVERED OPENING REMARKS BY ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK CHUA – SENATE COMMITTEE OF THE WHOLE HEARING ON PORK IMPORTATION

As-delivered Opening Remarks Acting Socioeconomic Planning Secretary Karl Kendrick Chua Senate Committee of the Whole Hearing on Pork Importation April 15, 2021 (10:00 AM) Mr. [Senate] President, senators, colleagues in government, stakeholders, good morning. Thank you for inviting NEDA to this hearing to present our position on this urgent measure that will help ensure that continue reading : AS-DELIVERED OPENING REMARKS BY ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK CHUA – SENATE COMMITTEE OF THE WHOLE HEARING ON PORK IMPORTATION

NATIONAL ID TO ACCELERATE SOCIAL PROTECTION PROGRAMS, FINANCIAL INCLUSION, NATIONAL VACCINATION – NEDA

April 13, 2021 The Philippine Identification System (PhilSys) or the national ID program is instrumental for the country’s human capital development amid the COVID-19 pandemic, said the National Economic and Development Authority (NEDA). “The Philippine government is looking forward to implementing three use cases for PhilSys in the immediate term: first, ensuring efficient and effective continue reading : NATIONAL ID TO ACCELERATE SOCIAL PROTECTION PROGRAMS, FINANCIAL INCLUSION, NATIONAL VACCINATION – NEDA

GOV’T ENSURES SUPPLY, PRICE STABILITY OF GOODS IN ECQ – NEDA

April 6, 2021 The government is committed to stabilizing prices by augmenting food supply and ensuring that the supply chains of goods, especially food, will be unhampered during the enhanced community quarantine (ECQ) period, said the National Economic and Development Authority. The Philippine Statistics Authority reported today that the country’s headline inflation rate fell to continue reading : GOV’T ENSURES SUPPLY, PRICE STABILITY OF GOODS IN ECQ – NEDA

AMID NEW VIRUS VARIANTS, NEDA PUSHES FOR FURTHER IMPROVEMENT IN PDITR IMPLEMENTATION TO MAXIMIZE EFFECTIVENESS OF ECQ EXTENSION

April 5, 2021 A more intensified implementation of the Prevent, Detect, Isolate, Treat, and Recover (PDITR) strategy is key for the enhanced community quarantine (ECQ) to be more effective in reducing COVID-19 cases, said the National Economic and Development Authority (NEDA). “The latest data shows that we are at a critical juncture. Our collective actions continue reading : AMID NEW VIRUS VARIANTS, NEDA PUSHES FOR FURTHER IMPROVEMENT IN PDITR IMPLEMENTATION TO MAXIMIZE EFFECTIVENESS OF ECQ EXTENSION