@meltlopez Acting NEDA Sec. Chua says over 9 million Filipinos have pre-registered for the national ID, exceeding the initial target
@meltlopez Acting NEDA Sec. Chua says PSA is also looking into how the national ID can help facilitate vaccine distribution next year
@meltlopez Acting NEDA Sec. Chua says another consumer and employer survey to gauge public confidence on the economy
Acting NEDA Sec. Chua: We see a gradual quarter-on-quarter improvement in Q4 with the gradual relaxation of measures
Acting NEDA Sec. Chua: We will see the economic contraction smaller and may revert to growth the next quarter. Vaccines may be available at the second half of 2021, so growth is also expected
NEDA on flagship infrastructure projects: There's ₱1.1 trillion or 5.4% of the budget allotted for infrastructure in 2021
NEDA: Recent reports from DPWH, DOTr show that most of the construction work has resumed as early as June
Acting NEDA Sec. Chua on face-to-face classes: I don't think there's a replacement for face-to-face learning bit.ly/3mr4NJ5
Acting NEDA Sec. Chua: Malaki ang impact ng face-to-face classes sa economy. Children will learn more and become productive.
Acting NEDA Sec. Chua says he is also taking time to help his preschool age son with online learning every morning: Many other parents have had to reduce work or leave work to support their kids
NEDA: As we allow kids to return to school safely, it will also create an impact on the economy as they travel, buy food, and spend
NEDA: If PSA is able to register 70 million people, it's a useful database for vaccine distribution data
Asked about options for NAIA rehab after Megawide is kicked out of the project, NEDA says it's better to ask MIAA bit.ly/3ntDsHk
Acting NEDA Sec. Chua on infrastructure spending drop in 2020: Relative to the fiscal program, we are exceeding the target. Unfortunately, not all projects are on track.
NEDA says foreign experts tapped for infra projects cannot fly to the Philippines due to quarantine rules, which has delayed some projects. Typhoons are also a concern, as well as the lack of workers as others returned to their provinces
NEDA: Since Congress agreed to extend the validity of 2020 budget, infra projects may be continued until next year
Acting NEDA Sec. Chua: Major flood control projects may be added to the list of priority infrastructure projects
NEDA: We're also looking to add technology and health-related projects in the flagship projects
NEDA on revamp of infrastructure priority list: It depends on the status of completion of projects and if these are doable by mid-2022, the end of Duterte's term.
If projects are far from completion, these may be parked.
NEDA on proposal for creating a Department of OFWs: It must undergo cost-benefit analysis. There's a need for a government rightsizing program.
Creating a new department means additional spending for government, such as the creation of new positions, offices, and more salary payments bit.ly/37vu40F
NEDA: In our AmBisyon 2040, we also want Filipinos to return home and live comfortable lives here
NEDA OIC Undersecretary Jonathan Uy says the agency is again 'recalibrating' the list of priority infrastructure projects.
This will be the fourth version of the list if changed again. The latest list of 104 projects was approved in August. bit.ly/37nWnhl
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BSP Governor Benjamin Diokno: The inflation environment remains benign. Latest trends show an increase in food prices, but this is transitory.
BSP: A resurgence of COVID-19 cases globally tempered economic activity. Optimism on vaccines has lifted market confidence, improved prospects for global growth.
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Personal finance expert and wealth coach Arnold Anog on how to save money this holiday season: Seriously, magpasalamat na may bonus pa tayong natatanggap.
Personal finance expert and wealth coach says that one should be disciplined in using one's 13th month pay. He encourages people to have a budget.
THREAD: Senate committee on public services holds hearing on cashless modes along tollways cnn.ph
Tweets by our digital producers @YsabelwithaWhyy and Bamba Galang
Senate committee chair Grace Poe: The Toll Regulatory Board can't even do its job of collecting toll fees - ₱44.24 million in 2017 uncollected, ₱859.94 million in 2019 - almost a billion pesos
Sen. Poe: The TRB, like the NDRRMC and PhilHealth, suffers from a governing board dominated by ex-officio cabinet secretaries who have more important things to do. The future of the TRB is another issue that should be resolved in this hearing.
@laratyan DOH spokesperson Maria Rosario Vergeire says there is a continuous increase in COVID-19 cases seen in different areas, including Metro Manila. She warns that this "signals the start of a surge"
Vergeire on COVID situation in Metro Manila: More than half of the cites have been showing increase in cases, while the remaining half are showing slowing down of improvements