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Tag: Economic Planning Secretary Arsenio Balisacan

Economy grows 5.9% in Q3; gov’t says inflation major challenge

The economy grew faster than expected in the third quarter, official data showed Thursday, but the government warned inflation remained a “major challenge.” The 5.9...

PBBM approves ‘SPF’ for poor

Social Protection Floor cements programs for most vulnerable Pinoys President Ferdinand Marcos Jr. has approved a Social Protection Floor (SPF) that institutionalizes existing programs that...

July jobless rate declined to 5.2%, lowest since 2005

The unemployment rate fell to 5.2 percent in July, its lowest level since the onset of the COVID-19 pandemic, data from the Philippine Statistics...

2022 growth goals achievable—NEDA

Economic Planning Secretary Arsenio Balisacan said the growth targets this year remain achievable despite the effects of several inflationary pressures, the country’s limited fiscal...

Marcos administration’s goal to cut poverty to a single-digit level viable

The government’ “ambitious” target of reducing the poverty level from more than 20 percent to single digit at the end of the administration of...
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