MESSAGE Dr. Ernesto M. Pernia Socioeconomic Planning Secretary and NEDA Director-General 27th Anniversary of the Philippine Legislators Committee on Population and Development Montilla Room, South Wing Annex, House of Representatives, Quezon City October 12, 2016 Chairperson Representative Teddy B. Baguilat; Other members of the Philippine congress; Ladies and gentlemen, good afternoon. It is a continue reading : Message of Socioeconomic Planning Secretary Ernesto M. Pernia at the 27th Anniversary Celebration of the Philippine Legislators’ Committee on Population and Development
ICC CABCOM ENDORSES REGIONAL PROJECTS TO NEDA BOARD
In its September 28 meeting, the Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved seven projects, six of which are regional projects seen to disperse development and re-balance national economic growth to the regions. “These projects will ensure the realization of the Duterte administration’s goals to reduce poverty and inequality by focusing on regional, rural, and agricultural continue reading : ICC CABCOM ENDORSES REGIONAL PROJECTS TO NEDA BOARD
LOWER FOOD PRICES SLOW DOWN INFLATION IN AUGUST 2016
Inflation in August 2016 slowed to 1.8 percent from 1.9 percent in the previous month, due to slower adjustments in food prices, according to the National Economic and Development Authority (NEDA). “The relatively low and manageable inflation environment during the first eight months of 2016 is expected to continue for the rest of the year continue reading : LOWER FOOD PRICES SLOW DOWN INFLATION IN AUGUST 2016
IMPROVING INDUSTRY COMPETITIVENESS NEEDED TO OVERCOME EXPORTS DECLINE – NEDA
Weak demand from major export markets pulled down exports by 11.4 percent in June 2016, its 15th consecutive month of decline, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports fell from US$ 5.4 billion in the previous year to US$4.8 billion in continue reading : IMPROVING INDUSTRY COMPETITIVENESS NEEDED TO OVERCOME EXPORTS DECLINE – NEDA
INFLATION REMAINS STABLE IN JULY 2016
Inflation in July 2016 remained stable at 1.9 percent and is expected to be manageable for the rest of the year, according to the National Economic and Development Authority (NEDA). “The steady inflation in July is due to slower increases in food prices, which were able to offset higher electricity charges,” said Socioeconomic Planning Secretary continue reading : INFLATION REMAINS STABLE IN JULY 2016
LAGGING REGIONS NEED TO CATCH UP- NEDA
The consistent concentration of growth from three regions reveal the need to address inequality in the distribution of development within the country, according to the Natnal Economic and Development Authority (NEDA). According to the Philippine Statistics Authority, the National Capital Region (NCR) remains the top contributor to the country’s Gross Domestic Product (GDP) from 2010-2015 continue reading : LAGGING REGIONS NEED TO CATCH UP- NEDA
STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016
The increase in local demand for capital and consumer goods drove imports growth by 39.3 percent year-on-year in May 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the total payments for imported goods reached US$6.7 billion in May 2016 from US$4.8 billion in the same period. continue reading : STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016
Statement of Socioeconomic Planning Secretary Ernesto Pernia at the NAST’s 38th Annual Scientific Meeting
STATEMENT Dr. Ernesto Pernia Socioeconomic Planning Secretary and NEDA Director-General 38th Annual Scientific Meeting: Looking Back and Looking Forward Manila Hotel, City of Manila July 14, 2016 To our distinguished members of the National Academy of Science and Technology (NAST); Friends; My colleague in the cabinet; My colleague in the school of economics; National Scientist continue reading : Statement of Socioeconomic Planning Secretary Ernesto Pernia at the NAST’s 38th Annual Scientific Meeting
Lingering effects of El Niño push up inflation in June 2016
Inflation in June 2016 rose to 1.9 percent from 1.6 percent in the previous month due to increases in food and non-food prices, according to the National Economic and Development Authority (NEDA). This is within the Bangko Sentral ng Pilipinas’ forecast of 1.5-2.4 percent for June 2016 and the median market expectation of 1.9 percent. continue reading : Lingering effects of El Niño push up inflation in June 2016
