Tagged: economy

The National Economic and Development Authority (NEDA) sees the importance of expanding public transportation capacity and active transport support to provide mobility for employees going to their workplaces.

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.