Balisacan calls for economic model based on sustainable consumption

THE consumption-driven Philippine economy must be revamped to make it more sustainable, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said at a forum in support of the 2023-2028 Philippine Development Plan (PDP). “To achieve transformation, we must introduce systematic changes to our consumption and production patterns, as well as manage our natural […]

PHL poverty reduction strategy focused on job quality, safety nets

THE government’s approach to reducing poverty will focus on enhancing the quality of jobs and expanding social protections, the Palace said. Acting Press Secretary Cheloy Velicaria-Garafil added that the government remains confident that it can reduce the poverty rate to 9% by the end of President Ferdinand R. Marcos, Jr.’s six-year term.  “The 9% goal […]