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Neda says government infrastructure projects could create 2 million jobs this year

OVER 2 million Filipinos are expected to be employed through the government’s various infrastructure initiatives this year, including the Infrastructure Flagship Program (IFP). In a briefing on Tuesday, National Economic and Development Authority OIC Undersecretary for Investment Programming Roderick M. Planta said, based on the agency’s estimates, the government’s infrastructure…

PHL to need a decade to become UMIC

IT will take over a decade before the Philippines becomes an upper middle-income country given its current performance, according to a former Socioeconomic Planning Secretary. In an email, former National Economic and Development Authority (Neda) Chief Dante B. Canlas told BusinessMirror that in order for the country to become an…

30 key infrastructure projects among ICC s ₧1 3-T 2021 approvals

THE interagency Investment Coordination Committee (ICC) has approved a total of P1.31 trillion worth of projects in 2021, according to the National Economic and Development Authority (Neda). Neda OIC Undersecretary for Investment Programming Roderick M. Planta said this includes 30 projects, majority of which are ongoing projects. Planta told the…

₧500B worth of infrastructure projects may be exempt from poll ban

Over half a trillion pesos worth of proposed or  on-going infrastructure projects could be exempted from the election ban that will take effect in March this year in preparation for the May 2022 national and local elections. In a briefing on Monday, Neda OIC Undersecretary for Investment Programming Roderick M.…

PHL s water stress increased to 3rd-highest level in 10 yrs

WHILE it remained at the low-level classification, water stress levels in the country increased to its third-highest level in a decade, according to the Philippine Statistics Authority (PSA). Based on the PSA’s Water Flow Accounts data, the country’s water stress level slightly increased to 26.7 percent in 2020 from 26.3…

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