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#DepDev Sec Arsenio Balisacan

Marcos administration unveils recalibrated national development

The Marcos Administration has unveiled a recalibrated development roadmap for the second half of its term with the release of the Midterm Update of...

PH economy built on diverse, resilient growth, says  Balisacan

A strong and resilient Philippine economy is one founded on diverse growth across various sectors and regions, powered by higher productivity, shared benefits, and...

Philippine economy demonstrates resilience, posting 5.5% growth in Q2 2025

The Philippine economy continues to show strong resilience and stability, with the Department of Economy, Planning, and Development (DEPDev) reporting a 5.5% growth rate...

Philippine labor market shows continued strength in June 2025

The Philippine labor market demonstrated continued resilience and growth in June 2025, driven by improved access to employment opportunities and a significant decline in...

Inflation drops to lowest since 2019, driven by declining rice prices

The Department of Economy, Planning, and Development (DEPDev) announced that the Philippines' overall inflation rate has eased to 0.9 percent in July 2025, the...

PH achieves robust economic gains, poised for upper-middle-income status

The Philippine government today announced major economic milestones, highlighting the country's steady transformation into a more resilient, inclusive, and forward-looking economy. Over the past...

DEPDev reaffirms commitment to inclusive growth and sustainable progress

The Department of Economy, Planning, and Development (DEPDev) today reaffirmed its unwavering commitment to ensuring that the Philippines' significant economic advancements translate into inclusive,...

PH advances midterm development plan, approves North-South railway project

Reaching the halfway point of the Marcos administration, the Economy and Development (ED) Council, chaired by President Ferdinand R. Marcos Jr., convened on Tuesday,...

Marcos administration reaffirms commitment to high-quality job creation

The Marcos administration reaffirmed its unwavering commitment to fostering high-quality and high-paying jobs for Filipinos, following the highest recorded labor force participation rate since...

Gov’t interventions drive down food Inflation to 0.1%, rice records steeper deflation of -14.3 % in June— DEPDev

Government measures to stabilize food supply, boost agriculture, and improve logistics helped ease food inflation to 0.1 percent in June 2025, down from 0.7...
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