ECCP at Work

Marcos reorganizes economic council
President Ferdinand Marcos Jr. has ordered the reorganization of the economic and development council to ensure continued pursuit of the goals set for the government’s socioeconomic programs, appointing his trusted officials to key positions in the reinforced body.

DOE chief seeks passage of waste-to-energy bill
To address the country’s perennial flooding problem, Energy Secretary Sharon Garin is seeking the passage of the bill that will further institutionalize the use of waste-to-energy (WTE) technologies.

PHL current account deficit seen to further widen over medium term
The Philippines’ current account deficit could further widen over the medium term as global trade uncertainties affect external demand, Fitch Solutions unit BMI said.

BOI retains P1.75 trillion target for investment approvals in 2025
The Board of Investments (BOI) is holding on to its P1.75-trillion investments approval target for the year despite the United States’ imposition of reciprocal tariffs, as the government aims to hold more investment missions.

DOF expects government revenues to breach P7 trillion mark by 2030
Government revenues will surpass the P7-trillion level by 2030, reflecting the administration’s expectations of sustained economic growth and stronger fiscal performance, according to the Department of Finance.

ERC proposes lower open access threshold
Small electricity end-users will be able to choose their preferred power supplier soon as the Energy Regulatory Commission (ERC) is now looking to lower the threshold.

NG debt to hit P24.7 trillion by 2030; debt-to-GDP ratio to fall to 58% — DoF
Finance Secretary Ralph G. Recto on Monday said the government is working to ensure that economic growth would outpace debt accumulation, as outstanding debt is projected to hit P24.7 trillion by 2030.

Rice import freeze not expected to affect inflation; stocks ample
The temporary ban on rice imports is not expected to stoke inflation as rice stocks remain substantial, according to the Department of Agriculture (DA).

PEZA to exempt admin, finance workers from WFH cap
The Philippine Economic Zone Authority (PEZA) is looking to exclude administrative and finance functions from the 50-percent work from home (WFH) limit in ecozones, a move that will give registered business enterprises (RBEs) more flexibility while keeping their incentives.

JICA, DICT launch AI-powered disaster management platform for LGUs
The Japan International Cooperation Agency (JICA) and the Philippines’ Department of Information and Communications Technology (DICT) have the Philippine version of Spectee Pro, an AI-powered disaster and crisis management platform.