Balisacan: PH can achieve upper-middle income status by 2026

04/21/2025

The Philippines’ income status may soon shift to upper-middle income by 2026, the state’s top socioeconomic planner said, if the country can maintain annual economic growth of at least 6 percent. At a press conference, Seretary Arsenio…

Marcos signs law transforming Neda into DepDev

Ian Nicolas P. Cigaral - @inquirerdotnet 04/12/2025

MANILA, Philippines — President Marcos has signed a law that reorganizes the National Economic and Development Authority (Neda), transforming the state’s main socioeconomic planning agency into a full-fledged executive department named as the Department of Economy, Planning…

P64-a-day threshold is insulting and saddening, says Sen. Hontiveros

Emmariel Ares 08/16/2024

CEBU CITY, Philippines – Claiming that having the means to spend more than P64 for three meals everyday translates to not being “food poor” is both insulting and saddening. This was the reaction of Senator Risa Hontiveros…

Pinoys spending over P64 for meals a day not food poor – Neda data

Charie Abarca 08/13/2024

MANILA, Philippines — If you spend more than P64 for three meals a day, you’re no longer considered “food poor.” This was based on the data from the National Economic and Development Authority (Neda). During the Senate…

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

Ian Nicolas P. Cigaral 01/29/2024

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near…

NEDA Chief: More reforms needed to unlock full benefits of Cha-cha

Ian Cigaral 01/28/2024

MANILA, Philippines  —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in…

71 flagship infra projects underway — Neda

Jean Mangaluz - @inquirerdotnet 08/23/2023

MANILA, Philippines — National Economic and Development Authority (Neda) Secretary Arsenio Balisacan on Wednesday said 71 big ticket infrastructure projects are currently in progress. During a press briefing in Malacañang, Balisacan said the Department of Public Works…

Bongbong Marcos issues EO forming inter-agency body to address inflation

Faith Argosino 05/28/2023

MANILA, Philippines — President Ferdinand Marcos Jr. has issued an executive order (EO) on the formation of an inter-agency committee, which will be tasked to address inflation and boost the country’s economy, the Presidential Communications Office (PCO)…

Palace releases new list of Bongbong Marcos appointees

Faith Argosino 05/08/2023

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has appointed more people to his administration, as the Presidential Communications Office (PCO) released a new list on Sunday. In a Facebook post, the PCO said Marcos named and…

NEDA approves 194 infrastructure projects

Daphne Galvez - Reporter / @DYGalvezINQ 03/09/2023

MANILA, Philippines — The National Economic and Development Authority (NEDA) board, which is chaired by President Ferdinand “Bongbong” Marcos Jr., has approved 194 infrastructure projects. This was announced by NEDA Secretary Arsenio Balisacan on Thursday after the board…

Are Filipinos too selfish?

Cielito F. Habito - @inquirerdotnet 03/07/2023

Are we Filipinos generally more self-centered and selfish than other Asians? Is this a cultural flaw of ours that has kept our country from progressing at the same pace that most of our neighbors have done over…

Neda chief backs Maharlika fund to help sustain economic growth

John Eric Mendoza 12/18/2022

MANILA, Philippines — Secretary Arsenio Balisacan, chief of the National Economic and Development Authority (Neda), backs the proposed Maharlika Investment Fund (MIF) as it would help the country sustain its growth. “With the Marcos Administration’s Economic Team…

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