Category: Economy

ENABLING ECONOMIC ENVIRONMENT, MEDICAL AND FISCAL RESILIENCY TOPS LEDAC COMMON LEGISLATIVE AGENDA

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.

NEDA LAUNCHES UPDATED PHILIPPINE DEVELOPMENT PLAN 2017-2022

The National Economic and Development Authority (NEDA) launched the Updated Philippine Development Plan (PDP) 2017-2022. This report remains anchored on the government’s zero to ten-point socioeconomic agenda and geared towards the achievement of our long-term vision: Isang matatag, maginhawa, at panatag na buhay para sa lahat. In addition, the Updated PDP responds to the emergence of new threats to the country’s growth prospects and guides the transition towards economic recovery.

KEYNOTE MESSAGE OF ACTING SECRETARY KARL KENDRICK T. CHUA AT THE OECD LOGISTICS STUDY LAUNCH EVENT

His Excellency Daniel Pruce, British Ambassador to the Philippines; Mr. Antonio Gomes, Mr. Frédéric Jenny, and our partners from the OECD; Mr. Aladdin Rillo of the ASEAN Secretariat; Chairman Arsenio M. Balisacan and our colleagues from the Philippine Competition Commission or the PCC; colleagues from the government; I also see Dir. Gen. Belgica of the ARTA, our development partners; distinguished guests; a pleasant day or night to everyone wherever you are.

Q4 GDP CONTRACTION CONTINUES TO EASE, CALIBRATED REOPENING, KEY REFORMS NEEDED TO SUSTAIN RECOVERY MOMENTUM – NEDA

With economic performance continuing to improve from the peak of the quarantines in the second quarter to the last quarter of 2020, the outlook for 2021 is better. However, the recovery hinges on effective management of COVID-19 risks, a calibrated reopening of the economy, roll-out of the vaccine, and the speedy passage of key reforms, the National Economic and Development Authority (NEDA) said.

GRADUAL REOPENING, STRICT HEALTH PROTOCOLS, STRUCTURAL REFORMS, KEY TO REVIVING PH TRADE

The significant improvement in the country’s trade performance in September 2020 suggests that the country’s approach to gradually reopen the economy, along with the strict observance of health protocols, puts us on the right track towards economic recovery, the National Economic and Development Authority said.

Inspirational Message of Acting Secretary Chua – 31st National Statistics Month Opening Ceremony

I am happy to join today the statistical community to celebrate the 31st National Statistics Month (NSM), this time in my capacity as chair of the Philippine Statistical Board, to raise awareness on and highlight the importance of relevant, quality, and timely statistics- in particular for policymaking in this very difficult time of our history.