NEDA Chief Ernesto Pernia resigned from his cabinet post and here are his reasons. BREAKING NEWS – NEDA Chief Ernesto Pernia resigned from his post amid the height of the COVID-19 pandemic in Philippines due to these reasons. On Friday, April 17, Ernesto Pernia resigned from his cabinet post and from his position in the … Read more
Palace Supports Economic Managers’ Decision To Push Through Second Increase Of Fuel Tax FUEL TAX – The country’s economic managers decided to withdraw the suspension and proceed with the second round of fuel tax increase next month. The Senate previously strong-armed the economic managers’ decision to suspend the tax hike on fuel using the pending … Read more
Boracay’s temporary closure predicted to cut down Philippine’s GDP by P1.96 billion BORACAY- The Philippine Economy is expected to drop by P1.96 Billion in arrears to the impending 6-month closure of the country’s popular travel destination- Boracay Island. In a previous report, President Duterte approved the total shutdown of all maneuvers in the island for … Read more
President Duterte’s Infrastructure Projects Are Moving Rapidly, Pernia Says The infrastructure projects under President Rodrigo Duterte’s administration was moving faster rather than Aquino administration, Pernia says. On Tuesday (November 14, 2016), Socioeconomic Planning Secretary Ernesto Pernia said that the nation’s squeaking framework systems were moving faster under the administration of President Duterte. Pernia compared the … Read more
NEDA’s Approval Necessary For P52.20-B Regional Project NEDA’s approval necessary for the P52.20 billion the regional project of the government for six years under President Duterte’s administration. On Sunday (October 02, 2016), the government announced that the P52.20 billion budget needed the approval of the Board of National Economic and Development Authority (NEDA) for the … Read more