THE National Economic and Development Authority (NEDA) held its 13th board meeting with President Ferdinand Marcos Jr. in Malacañang last Friday. NEDA Director General Arsenio Balisacan presented the Philippine Development Report (PDR) 2023, which is like a midterm report card on the country's medium-term development roadmap, or the Philippine Development Plan (PDP) 2023-2028. The PDR is a result of NEDA's monitoring of various government agencies' implementation of programs, projects and policies that will see our country achieve its goals as laid out in the five-year PDP.
In a nutshell, Secretary Balisacan said that the Philippine economy generally performed well in 2023 despite the magnitude of challenges we faced and continue to face internally and externally. It has repeatedly been announced in my weekly Palace press briefings that the Philippine economy was one of the best-performing economies in Asia in 2023. This momentum has to be sustained in order for us to achieve the goals set in the PDP of at least reducing poverty and improving the quality of jobs in the Philippines.
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