Economic adviser and Director General of the National Economic and Development Authority (NEDA) Secretary Ernesto M. Pernia said the agency is on the right track and moving at a fast pace to attain its goals, during a briefing with the Malacañang Press Corps on the achievements of the agency in the first 50 days of […]
PRESS CONFERENCE OF PRESIDENTIAL COMMUNICATIONS OFFICE SECRETARY MARTIN ANDANAR PRESIDENTIAL SPOKESPERSON ERNESTO ABELLA AND SOCIOECONOMIC PLANNING SECRETARY AND DIRECTOR GENERAL OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY DR. ERNESTO M. PERNIA [Press Briefing Room | August 23, 2016] SEC. ANDANAR: Good morning. Good morning, everyone. How are you today? It’s a fine Tuesday morning. […]
We have achieved significant socioeconomic progress over the last five years with the return of political and economic stability.
This first quarter growth was supported by strong household spending.
Price movements for major commodity groups remain unchanged.
Higher purchases of capital and consumer goods pushed imports to grow by 1.2 percent.
The program puts more emphasis on immediate priorities to be undertaken in three-year periods.
The growth in the manufacturing sector also increased the availability of jobs.
It is very important that affected families know about the situation and know how to access government programs that are already in place.
The Philippine Statistics Authority reported that total payments for imported goods increased by 30.8 percent in January 2016.
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