News » NEDA revises targets due to pandemic

NEDA revises targets due to pandemic

NEDA revises targets due to pandemic

The National Economic and Development Authority (NEDA) is currently revising the government’s medium-term development targets under the Philippine Development Plan (PDP) 2017-2022 due to the impact of the COVID-19 pandemic.

The NEDA is updating the government’s medium-term economic development blueprint to include the “new normal,” and consider the impact of COVID-19 pandemic on the economy. However, undersecretary Rosemarie Edillon said revisions to the economic and development goals are “still under discussion.”

Further, the updated PDP will include a wider adoption of digitalization, more inclusive and job-generating programs and a better healthcare system. NEDA Acting Secretary Karl Kendrick T. Chua said the government is still aiming to meet the goal of reducing poverty to 14% by 2022, despite the impact of the pandemic on the poor.

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