Department of Economy, Planning and Development

Also known as DEPDev

The Department of Economy, Planning and Development (DEPDev) oversees official development assistance in the Philippines, which grew by 6% to USD39.61 billion in 2024, with Japan contributing the most at USD13.23 billion. DEPDev also works on poverty reduction and economic growth, aiming to address structural constraints and accelerate progress towards a middle-class society by 2050 if current trends continue.

This is an AI-generated summary based on recent coverage.
Last updated at July 31, 2025.

Recent stories about DEPDev

DEPDev: PH high-income goal delayed to 2050

The Philippines' goal of becoming a high-income economy by 2040 is no longer feasible at current growth rates, according to Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan.
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DA proposes raising rice tariff from 15% to at least 25%

The Department of Agriculture (DA) plans to propose gradually increasing the 15 percent tariff on imported rice to at least 25 percent during the third periodic review to boost local palay prices.
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Marcos Jr directs objective review of flood control projects

President Bongbong Marcos Jr. has directed an objective review of flood control projects following his fourth State of the Nation Address.
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DEPDev forms committee to review flood control projects objectively

Department of Economy, Planning, and Development (DEPDev) Undersecretary Rosemarie Edillon announced Tuesday that the Regional Project Monitoring Committee (RPMC) is crafting protocols to review flood control projects objectively.
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Marcos lauds World Bank CPF aligning with PH goals

President Ferdinand R. Marcos Jr. praised the launch of the World Bank Group's Country Partnership Framework (CPF) for fiscal years 2026 to 2031, which aligns with his government's development agenda.
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DEPDev extends 15% rice tariff until Nov

The 15% tariff on imported rice will remain unchanged until at least November, according to the Department of Economy, Planning, and Development (DEPDev).
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Unemployment drops to 3.9%, LFPR hits record high of 65.8%

The number of unemployed Filipinos decreased to 2.03 million in May from 2.06 million in April and 2.11 million a year earlier, according to the Philippine Statistics Authority.
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Govt prepares fuel subsidies amid Middle East tensions

The Philippine government is preparing fuel subsidies and other forms of aid to mitigate potential inflationary impacts due to rising tensions in the Middle East.
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LTFRB: No new PUV fare hike approved, study pending

The Land Transportation Franchising and Regulatory Board (LTFRB) has clarified that it has not yet approved a new fare increase for public utility vehicles (PUVs), pending an ongoing study by the Department of Economy, Planning, and Development (DEPDev).
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Unemployment rises to 4.1%, underemployment up to 14.6% in April

The Philippine Statistics Authority reported on Friday that unemployment rose to 4.1 percent in April, up from 3.9 percent in March.
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