Meanwhile, inflation among non-food items rose slightly to 0.9% in March 2015 from 0.6% in the previous month, mainly due to softer declines in the price indices of electricity, gas, and other fuels price and operation of personal transport equipment.
The financial performance of projects and programs funded through Official Development Assistance (ODA) improved as the disbursement level in the fourth quarter of 2014 tripled from the same period of last year.
Secretary Balisacan noted that a case can be made for stronger support to good data and ex-ante analyses of policy and investment options to DRR.
The number of jobless Filipinos fell further in January 2015
Despite the slight increment, headline inflation for that month was well within market expectations and the 2.0% to 4.0% target set by the government for 2015 to 2016, and was much slower compared with the 4.1% level in February 2014.
Balisacan: We intend to retain the valuation of ecosystem services as a key strategy in the sustainable management of the environment and natural resources
Furthermore, the NEDA Board, under the Aquino Administration, has approved a total of 97 projects amounting to PhP1.39 trillion (USD31.42 billion), 81 of which are critical infrastructure programs and projects, with a total cost of PhP1.24 trillion (USD28.05 billion), to support the growth requirements of the country’s economic sectors. Of the total number of approved projects, 24 are funded through PPPs, 54 projects are financed through Official Development Assistance, and 19 projects are for local financing.
Secretary Balisacan: Most of these projects aim to have a more reliable and efficient transport infrastructure system. These are consistent with the government’s thrust to increase investment in connective infrastructure.
Ambassador Roberto Sebastián of the Republic of Argentina paid a courtesy call on Economic Planning Secretary and NEDA Director-General Arsenio Balisacan on February 10 at the NEDA Central Office, Pasig City.
Members of Spain’s Committee on Foreign Relations of the Congress of Deputies led by Hon. Josep Antoni Durani i Leida (left) paid a courtesy call on NEDA Director-General Arsenio Balisacan on February 6.