Philippines must manage elevated food prices — NEDA chief

February 1, 2024 - 9:22 AM
Department of Agriculture (DA) Secretary William Dar (left), Metropolitan Manila Development Authority chairman Benjamin “Benhur” Abalos Jr. (right), Quezon City Mayor Josefina Belmonte-Alimurong (2nd from right) during a visit at the Commonwealth Market on February 9, 2021 (PNA/Joey O. Razon)

 The Philippines needs to manage elevated food prices, economic planning minister Arsenio Balisacan said on Wednesday, after data showed the economy’s full-year growth performance fell short of the government’s 6.0% to 7.0% target for 2023.

— Reporting by Neil Jerome Morales and Mikhail Flores; Editing by Martin Petty