Senate Economic Planning Office (SEPO) Publications

Budget Notes

Macroeconomic and Fiscal Assumptions of the Proposed 2018 Budget Adobe PDF Format
August 2017 (1.53 MB)

Mirroring the “change is coming” promise of the Duterte administration, the proposed national expenditure program of the Executive for the 2018 is dubbed as “a budget that reforms and transforms”.

Macroeconomic and Fiscal Assumptions of the Proposed 2017 National Budget Adobe PDF Format
September  2016 (1 MB)

The successful implementation of the budget plan is hinged on a set of macroeconomic assumptions approved by the Development Budget Coordination Committee (DBCC). These are indicators by which government determine the viability of the budget -- whether the proposed expenditure program is reasonable and sustainable and whether there are sufficient fiscal resources to fund it.

The President’s 2013 Budget: The Macroeconomic and Fiscal Perspectives Adobe PDF Format
August  2012 (859KB)

A day after his third State of the Nation Address (SONA), President Benigno S. Aquino III submitted to Congress his proposed PhP2.006-trillion national budget for the fiscal year 2013. Next year’s budget is touted as an “Empowerment Budget” with the overarching theme Paggugol na Matuwid: Atas ng Taumbayan.


Policy Matrix

Land Use: Policy, Planning, and Administration Adobe PDF Format
October 2015 (753 KB)

Comparison matrix of land use policies/provisions from various existing national laws and issuances

Land is a fundamental material resource and the primary platform for economic and other social activities. The way land is used and how it is intended to be used are integral components of human development.



Policy Brief

Examining the Philippines’ Disaster Risk Reduction and Management System Adobe PDF Format
May 2017 (842 KB)

Disasters brought by natural hazards are an issue of great concern not only in the Philippines but in the whole world due its social, environmental and economic impacts. With global warming, environmental degradation, increasing population density and poverty conditions, the occurrence of disasters are expected to rise.


National Land Use Policy: Enhancing Urban Concentration Adobe PDF Format
December 2015 (1.2 MB)

With the doubling of the population in about 40 years, the most important question to face our nation may well be: How can we sustainably accommodate 200 million people nationwide, with about 40 million in the Greater Manila Area? A national land use policy of enhancing urban concentration may be the answer.


National Land Use Policy: Protecting Prime Agricultural Lands Adobe PDF Format
December 2014 (1 MB)

With only less than 10 million hectares of agricultural land that is threatened by a rapidly urbanizing economy, how would the Philippines be able to meet its growing demand for food, and continue providing rural employment to further reduce poverty?


Realizing the Philippines’ Mining Potential Adobe PDF Format
December 2013 (799KB)

Given the country’s mineral wealth, the mining industry can be a key driver of economic growth.


Breaking New Ground: Enacting a National Land Use Policy Adobe PDF Format
January 2013 (815KB)

With only a total land area of 30 million hectares and a population of 92.3 million growing at an average rate of 2.12 percent, how should the Philippines allocate a very scarce and important resource—land—to meet the various needs of Filipinos? The Senate proposes a national land use policy to address this fundamental issue.



Economic Report

2015 Mid-Year Report

The Philippine Economy: Remaining Steadfast Adobe PDF Format
March 2014 (948 KB)

The prospect of hitting the 2015 GDP growth target of 7.0-8.0 percent is quite dim. Nonetheless, the Philippine economy remains resilient amidst uncertainties particularly in its external environment. With national elections fast approaching, one of the biggest challenges for decision makers is ensuring the continuity of reform efforts.

2014 Full-Year Report

Still Strong But Missing the Target Adobe PDF Format
March 2015 (931 KB)

Despite setbacks in public spending and agricultural production, macroeconomic conditions have been broadly favorable and have helped sustain growth in 2014. Efforts to introduce structural reforms, difficult as they may be, must be continued. Increasing the tax base, ensuring fair competition and protecting property rights are imperatives if the country were to realize its full growth potential.

2014 Mid-Year Report

Economy slows down, growth target in limbo Adobe PDF Format
December 2014 (685 KB)

The lingering impact of typhoon Yolanda on agricultural production coupled with weak public sector consumption has contributed much to the deceleration of economic growth for the first nine months of the year.

2013 Full-Year Report

Philippine Economy: Defying the Odds Adobe PDF Format
March 2014 (967 KB)

Despite the external headwinds and domestic shocks that buffeted the country in 2013, the Philippines still posted a remarkable growth level.

2013 Mid-Year Report

Philippine Economy: Rising to New Heights, Better Opportunity for Reforms Adobe PDF Format
December 2013 (812 KB)

All eyes are now on the Philippines. Having exceeded both government and market growth expectations for the last three quarters and now with Typhoon Yolanda’s wrath still lingering, the world is eager to witness how the Philippines would rise above it.

2012 Year-end report - On the cusp of economic resurgence Adobe PDF Format
February 2013 (936 KB)

The domestic economy exceeded expectations by expanding 6.6 percent in 2012. Strong macroeconomic fundamentals and improved governance helped propel the economic growth. Some facets of the economy, however, have yet to improve.



Policy Insights


At a Glance

Philippine ForestsAdobe PDF Format
June 2015 (584 KB)

Forests are among the most valuable natural resources in the Philippines. They provide a range of ecosystem services, ranging from the provision of food crops, livestock and fish to providing recreational experiences. In 2013, the forestry sector contributed PhP5.26 billion (0.12%) to the national gross domestic product (GDP) (2014 Philippine Statistical Yearbook).

TourismAdobe PDF Format
October 2014 (681 KB)

The tourism industry in the Philippines is an amalgam of services captured in the sectors of hotels and restaurants, transportation, food and beverage, entertainment, and retail trade, among others. An important part of the economy, it is a major contributor in terms of income, employment and foreign exchange earnings.

Renewable EnergyAdobe PDF Format
June 2014 (608 KB)

Renewable Energy or RE is any energy source generated from natural resources which are naturally regenerative or replenished such as solar, wind, ocean, geothermal, hydro and biomass.




Major Publications


Publications