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PSA: Formula for rice SSR follows global standards • Cai U. Ordinario

AMID concerns expressed by the Department of Agriculture (DA) on the computation of the country’s Self-Sufficiency Ratio (SSR) in rice, the Philippine Statistics Authority (PSA) said the formula is consistent with international standards recommended by the Food and Agriculture Organization (FAO). On Tuesday, BusinessMirror published a story on the Philippines’s SSR in rice which fell ....

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Balisacan's return as NEDA chief welcomed

Socioeconomic Planning SecretaryArsenio Balisacan MANILA - The National Economic and Development Authority (NEDA) hails the appointment of Arsenio Balisacan as the country's Socioeconomic Planning Secretary under President Ferdinand Marcos Jr.'s administration. In his statement during the NEDA turnover ceremony on Monday, the returning Secretary expressed eagerness in reprising his role as NEDA chief. "I am deeply honored to serve NEDA once again. When President Bongbong Marcos invited me to join his Cabinet as Socioeconomic Planning Secretary, I was fully aware that the challenges before me were far more complex than the last time I was at NEDA's helm. Nevertheless, having always viewed public service as a great privilege, when the invitation to serve again came, I humbly accepted the challenge and responsibility of leading NEDA, recognizing its critical role in the country's recovery and post-pandemic development," Balisacan said. Balisacan also highlighted ....

Benignos Aquino , Arsenio Balisacan , Bongbong Marcos , Ferdinand Marcos Jr , Karl Kendrick Chua , National Economic , Development Authority , Socioeconomic Planning Secretary , President Ferdinand Marcos , President Bongbong Marcos , Secretary Karl Kendrick Chua , Secretary Arsenio Balisacan , Ambisyon Natin , President Benigno , Socioeconomic Planning Secretaryarsenio Balisacan Manila The National Economic And Development Authority Neda Hails Appointment Of Arsenio As Country 39s Secretary Under President Ferdinand Marcos Jr Administration In His Statement During Turnover Ceremony On Monday , He Returning Secretary Expressed Eagerness In Reprising His Role As Neda Chief Quoti Am Deeply Honored To Serve Once Again When President Bongbong Marcos Invited Me Join Cabinet Socioeconomic Planning , I Was Fully Aware That The Challenges Before Me Were Far More Complex Than Last Timei At Neda 39s Helm Nevertheless , Aving Always Viewed Public Service Asa Great Privilege , Hen The Invitation To Serve Again Came , I Humbly Accepted The Challenge And Responsibility Of Leading Neda , Ecognizing Its Critical Role In The Country 39s Recovery And Post Pandemic Development , Uot Balisacan Said Also Highlighted His Priorities To Further The Country 39s Economic Recovery In 2022 And Beyond Quoti Am Happy Share That President Team Are Substantial Agreement On Overall Goal Of New Administration We All Agree Quickly Revive Job Creation Poverty Reduction By Steering Economy Back High Growth Path While Addressing Government Debt Sharply Rising Prices Food Essential Commodities , Uot He Added Given These Goals , Alisacan Shared Three Things Stakeholders And Filipinos Can Expect From Neda Under His Leadership Quot First , Xpect Neda To Be Committed Pushing For Necessary Measures Raise The Country 39s Economic Performance During My Previous Tenure Here , Eda Helped Shepherd The Country Toa Growth Trajectory That Was Quite Rapid Relative To Our Asian Neighbors ,

DBCC slashes 2022 growth target to 7-8%

Socioeconomic planning chief Karl Kendrick Chua Economic managers on Tuesday slashed the government’s 2022 growth target from 7-9 percent to 7-8 percent ....

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DBCC slashes '22 growth target to 7-8% due to external factors

Socioeconomic Planning Chief Karl Kendrick Chua (PNA file photo) MANILA - Economic managers on Tuesday slashed the government's 2022 growth target from 7-9 percent to 7-8 percent amidst the strong output in the first quarter of the year after taking into account the impact of external developments. In a virtual briefing after the 181st meeting of the inter-agency Development Budget and Coordination Committee (DBCC), National Economic and Development Authority (NEDA) Secretary Karl Kendrick Chua said the 8.3 percent output, as measured by gross domestic product (GDP), in the first quarter of this year is sustainable. "The Philippine economy is on a sustainable path towards rapid and inclusive growth. We have revised the GDP target for this year from 7-9 percent to 7-8 percent taking into consideration external risks that have materialized in the last six months," he said. These risks include the Russia-Ukraine conflict, the 75 basis points increase in the Federal Reserve&# ....

Karl Kendrick Chua , Coordination Committee , National Economic , Department Of Budget , Development Authority , Federal Reserve , Development Budget , Secretary Karl Kendrick Chua , Alert Level , Executive Order , Tina Rose Marrie , Socioeconomic Planning Chief Karl Kendrick Chua Pna File Photo Manila Economic Managers On Tuesday Slashed The Government 39s 2022 Growth Target From 7 9 Percent To 8 Amidst Strong Output In First Quarter Of Year After Taking Into Account Impact External Developments Ina Virtual Briefing 181st Meeting Inter Agency Development Budget And Coordination Committee Dbcc , Ational Economic And Development Authority Neda Secretary Karl Kendrick Chua Said The 8 3 Percent Output , S Measured By Gross Domestic Product Gdp , N The First Quarter Of This Year Is Sustainable Quot Philippine Economy Ona Path Towards Rapid And Inclusive Growth We Have Revised Gdp Target For From 7 9 Percent To 8 Taking Into Consideration External Risks That Materialized In Last Six Months , Uot He Said These Risks Include The Russia Ukraine Conflict , He 75 Basis Points Increase In The Federal Reserve 39s Policy Rates , Nd The Slower Growth Of Chinese Economy , Hich Is The Second Largest In World Chua Said These Factors Are Expected To Be Countered By Strong Domestic Economy Quot And More We Shift Alert Level 1 , Egin Face To Schooling , Accelerate Vaccination , Specially Of Children And Seniors , E Can Fully Reopen The Economy And We Have , S Our Guide , Xecutive Order 166 That Calls For The Full Reopening Of Economy So , Espite These External Headwinds The Domestic Economy Is Very Strong ,

NEDA chief, senators see investment boost in PH with PSA amendments

NEDA chief, senators see investment boost in PH with PSA amendments
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