March 8, 2021 Promoting cycling and building protected bike lanes can augment public transportation and help people safely get to work during the COVID-19 pandemic, the National Economic and Development Authority (NEDA) said. “The COVID-19 pandemic has hurt the economy, especially the transport sector. The community quarantines and physical distancing regulations that help protect lives continue reading : CYCLING, PROTECTED BIKE LANES CAN AUGMENT PUBLIC TRANSPORT SHORTAGE DURING PANDEMIC – NEDA
March 5, 2021 While the inflation rate increased from 4.2 percent in January to 4.7 percent in February 2021, the inflation target remains at 2 to 4 percent as the government intensifies efforts to address higher food prices, said the National Economic and Development Authority (NEDA). The faster inflation in February 2021 was mainly driven continue reading : GOV’T INTENSIFIES EFFORTS TO ADDRESS INFLATION – NEDA
March 4, 2021 MANILA – Empowering local government units (LGUs) to develop and implement post disaster rehabilitation and recovery plans and programs is crucial as they are in the forefront of recovery initiatives, said the National Economic and Development Authority (NEDA). “The year 2020 started with the eruption of Taal volcano, and ended with consecutive continue reading : NEDA URGES TO STRENGTHEN PH POST-DISASTER RECOVERY PLANNING
March 2, 2021 The approval of the Common Legislative Agenda (CLA) for the 18th Congress by the Legislative-Executive Development Advisory Council (LEDAC) Executive Committee (ExCom) is a welcome development for the country’s efforts to bounce back from the COVID-19 pandemic, said the National Economic and Development Authority, which sits as the LEDAC secretariat. “The LEDAC-ExCom continue reading : ENABLING ECONOMIC ENVIRONMENT, MEDICAL AND FISCAL RESILIENCY TOPS LEDAC COMMON LEGISLATIVE AGENDA
Opening Message Acting Secretary Karl Kendrick T. Chua Launch of 2020 Human Development Report January 22, 2021 Preliminaries UNDP Resident Representative Dr. Selva Ramachandran, our partners from UNDP, colleagues in NEDA and the government, other development partners, and stakeholders, a pleasant morning! The 2020 HDR (Next Frontier: Human Development and the Anthropocene) We congratulate UNDP continue reading : Opening Message of Acting Secretary Chua during the Launch of 2020 Human Development Report
December 30, 2020 Reverting back to Modified Enhanced Community Quarantine (MECQ) could cost NCR and its adjacent regions some 2.1 billion pesos in wages a day. Meanwhile, every day of General Community Quarantine (GCQ) costs these regions around 700 million pesos in wages. These losses and setbacks point to the need to work together to continue reading : LOSSES AND SETBACKS IN 2020 OFFER LESSONS TO RECOVER TOGETHER IN 2021 – NEDA
December 20, 2020 MANILA – The National Economic and Development Authority (NEDA) is encouraging consumers and the working population to respond to a new survey on confidence in the safe and gradual opening of the economy. Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua reiterated during NEDA’s year-end media briefing that to really recover, the continue reading : NEW CONSUMER AND EMPLOYEE SURVEY TO GUIDE POLICIES FOR 2021 ECONOMIC BOUNCE-BACK–NEDA
JOINT DBCC STATEMENT Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2020 to 2022 December 3, 2020 We, the members of the Development Budget Coordination Committee (DBCC), met to review the government’s medium-term macroeconomic assumptions, fiscal program, and growth targets. We have revised macroeconomic assumptions and targets to take into account continue reading : JOINT DBCC STATEMENT: Review of the Medium-Term Macroeconomic Assumptions and Fiscal Program for FY 2020 to 2022
Acting Secretary Karl Chua’s presentation during the briefing with Senate last Septembe 17, 2020 event. Download here.
INSPIRATIONAL MESSAGE (as delivered) Karl Kendrick T. Chua, Ph.D. Acting Socioeconomic Planning Secretary 31st National Statistics Month Opening Ceremony 1 October 2020 Secretary Gregorio B. Honasan II, National Statistician Dennis S. Mapa, fellow workers in government, ladies and gentlemen, good morning. I am happy to join today the statistical community to celebrate the 31st National continue reading : Inspirational Message of Acting Secretary Chua – 31st National Statistics Month Opening Ceremony
September 10, 2020 MANILA – The country’s merchandise trade performance continued to show signs of recovery in July 2020, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total merchandise trade growth remained in negative territory at -18.6 percent in July 2020 against the same period last year. On continue reading : PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020
CORRECTION: The NEDA media release last August 31, 2020 incorrectly said that “…ODA loans and grants amounting to USD 10.94 billion have been added to the country’s total ODA portfolio…” The USD 10.94 billion actually refers to the amount indicated in the 3rd pillar of the Four-Pillar Socioeconomic Strategy Against Covid-19 (projected ODA of USD continue reading : (CORRECTION) Re: August 31 NEDA Media Release: PH ODA REACHES USD21.62 BILLION IN 2019; ADD’L FUNDING FOR COVID-19 AT USD10.94 BILLION IN 2020
