A new macroeconometric model was created for the Philippines to understand how the economy is impacted by new programs and policies. The model, developed by PIDS and BSP, focuses on the real, fiscal, trade, and monetary sectors. By using separate models for each sector and testing their accuracy, the researchers aim to assist in policy analysis and forecasting for the country's economic development. The model will help stakeholders like the National Economic and Development Authority and the Bangko Sentral ng Pilipinas make informed decisions based on economic data.