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Bangko Sentral-Cebu names NEDA 7 outstanding partner

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The National Economic and Development Authority (NEDA) 7 is among this year’s awardees of the Bangko Sentral ng Pilipinas (BSP) for supporting the financial institution in its programs and other initiatives to improve the quality of life of all Filipinos.

NEDA 7 was given the 2017 Outstanding Partner for Report on Regional Economic Developments in the Philippines award for providing the BSP with information in support of its statistical undertakings, advocacy programs, and efforts to ensure effective delivery of its

This is NEDA 7’s second award for the same category, having been given the same recognition in 2014. The award was given last Aug. 15, 2017 at the BSP Cebu Regional Office.


National Economic and Development Authority (NEDA) 7 Regional Director Efren B. Carreon (2nd from right) accepts the Outstanding Partner award for Report on Regional Economic Developments in the Philippines given by the Bangko Sentral ng Pilipinas (BSP) Cebu Regional Office. With him are (from left) NEDA Assistant Regional Director Dionisio C. Ledres, Jr.; BSP Director Rosabel Guerrero, BSP Cebu Regional Office Director Leonides Sumbi, Monetary Board Member Valentin Araneta, and NEDA 7 Policy Formulation and Planning Division chief Ma. Teresa Alambra.

In his keynote address, BSP Monetary Board Member Valentin Araneta lauded the awardees and the BSP’s other partners for helping fulfill a shared vision—to create a better economic landscape for the Philippines.

Other winners

Aside from NEDA 7, three other government agencies and four private companies rounded up this year’s awardees from Central Visayas.

They were:

Outstanding Regional Partner
96.7 Bai Radio dyEM FM and Negros Chronicle (Dumaguete)
Department of Education (Mandaue District)
Department of Social Welfare and Development (Dumaguete)
Fil Products Service Television, Inc. (Dumaguete)
Lee Super Plaza (Dumaguete)
Philippine Information Agency – Cebu Provincial Information Office

Outstanding Respondent Among Small Firms (Business Expectations Survey)
Cebu Industrial Park Developers, Inc.

Atty. Leonides Sumbi, director of BSP Cebu Regional Office, said the awardees contributed to the agency’s initiatives “on financial inclusion and education, currency programs, consumer protection, and overseas Filipinos’ remittance environment.”