The March 2021 inflation of 4.5 percent was within the BSP’s forecast range of 4.2-5.0 percent. The overall latest outturn is consistent with expectations that inflation could settle above the high...
By Cleizl Pardilla
To control the increasing number of COVID-19 cases in the country, the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) recently placed the National Capital Region...
By Naomi Tiburcio
The National Economic and Development Authority (NEDA), the country’s social and economic development planning and policy coordinating body, stated that a step towards economic recovery involves a stronger testing...
By NG Seruela
National Economic and Development Authority (NEDA) Acting Secretary Karl Chua reported on Wednesday evening that the GDP growth rate of the Philippines will return to 6.5 in 2021 as...
Press Release
The Department of Finance (DOF) has clarified that the government budget for the procurement of COVID-19 vaccines remains at P82.5 billion, of which P70 billion will come from unprogrammed funds...
Press Release
The country’s National Government (NG) debt-GDP ratio rose from 39.6% in 2019 to 54.5% in 2020 but lower interest rates helped cushion its fiscal impact.
Interest payments rose by only 5.4%,...
