• 25 November 2015
MAKATI CITY, Nov. 25 -- According to the National Economic and Development Authority (NEDA), the Philippine government will continue to conduct impact evaluation to better inform decisions on the resource allocation processes. “In developing countries such as the Philippines, impact evaluation is vital in identifying what programs or projects work and what do not,” said Economic Planning Secretary Arsenio M. Balisacan during his speech at the Impact Evaluation for Development Effectiveness knowledge sharing held recently at the Asian Development Bank. “It helps policymakers ensure that public and donor funds are used prudently, and that limited resources are directed towards more efficient development interventions,” he added. In July this year, the government finalized the National Evaluation Policy Framework (NEPF) through a Joint Memorandum Circular (JMC) between NEDA and the Department of Budget and Management. This aims to further improve resource allocation processes for government projects and programs.  “We want to be able to report to our stakeholders that the projects that we support achieve the intended outcomes. With greater accountability and transpare ...Read more

Opening up economies would benefit everyone—APEC 

 CENTRAL  25 November 2015
MANILA, Nov. 25 -- When the Asia-Pacific Economic Cooperation (APEC) was established 26 years ago, its foundation was laid with the vision of a region free from protectionism.In economics, protectionism is the complete opposite of free trade, the former being the policy of restraining trade between ...Read more

Philippines presents arguments on case against China over disputed islands

 CENTRAL  25 November 2015
MANILA, Nov. 25 -- The Philippines on Tuesday began its presentation of arguments on the case against China over disputed islands in the West Philippine Sea (South China Sea) during the first day of hearings at the Arbitral Tribunal at the Permanent Court of Arbitration in The Hague, Netherlands.In ...Read more