LOCAL economists are urging the President’s economic team to consider the suspension of taxes on oil and wheat imports to cushion the impact of hostilities in Eastern Europe on consumers. Also on Thursday, the Cabinet-level Development Budget Coordination Committee (DBCC) said the government stands ready to provide a total of…
The Department of Agriculture (DA) is supporting the country’s economic recovery measures amid the pandemic through its food production agenda, which is aimed at addressing hunger. “The unprecedented crisis forced us to tackle the goal of food security through a cross-sectoral approach of the Inter-Agency Task Force [IATF] on Zero…
THE country posted its slowest agriculture production growth in over two decades, according to the Philippine Statistics Authority (PSA). Based on PSA data, agriculture growth contracted 1.7 percent in 2021, the lowest since 2001 under the 2018-based data. The PSA has only rebased data to 2018 only until 2001. Prior…
DEATHS caused by malnutrition increased by almost 40 percent in the January to October 2021 period, the highest on record, according to latest data from the Philippine Statistics Authority (PSA). Data showed 4,844 Filipinos died of malnutrition in January to October last year compared to 3,514 in the same period…
What if the year could be defined by just one economic indicator? Wouldn’t that be something? But, as it turned out, it can’t. A woman waits with her brother during a lunchbreak during a nationwide vaccination drive at a school in Navotas on Wednesday, December 1, 2021. There has been…