National Economic and Development Authority

The National Economic and Development Authority, or NEDA, is basically a governmental body that ensures the economic and efficient delivery of public services and needs. In 1972, the functions of several government organizations, including the National Economic Council and the Presidential Economic Staff, were all integrated under one body. Thus was born the NEDA.

After the bloodless revolution of 1986 (The 1986 EDSA Revolution), Pres. Corazon Aquino issued Executive Order No. 5. It called for the reorganization of the NEDA. In the July of 1987, EO No. 230, which was completely implemented February of the next year, further organized the NEDA. It was then that the NEDA commenced operations under its present state.

As with many other organizations, the powers of the NEDA stem from its Board, which is comprised of the President as chairman, the Secretary of Socio-Economic Planning and NEDA Director-General as vice-chairman. The members are the Executive Secretary and the Secretaries of Finance, Trade and Industry, Agriculture, Environment and Natural Resources, Public Works and Highways, Budget and Management, Labor and Employment, and Interior and Local Government.

According to EO 230, Sec. 4, which gives the President the power to add members whenever he deems necessary, the Secretaries of Health, Foreign Affairs, Agrarian Reform, Science and Technology, Transportation and Communications, Energy, and the Deputy Governor of the Central Bank of the Philippines have been added to the NEDA Board.

Various committees from different sectors of government assist the NEDA Board in its role as the social, economic, and policy coordinating body.

The following organizations comprise the family of the NEDA and make up the Philippine statistical system:

• National Statistics Office
• National Statistical Coordination Board
• Philippine Institute for Development Studies
• Bureau of Labor and Employment Statistics
• PSA – ASSIST
• Bangko Sentral ng Pilipinas (Central Bank of the Philippines)

Contact Information:
National Economic and Development Authority
NEDA Bldg., Amber Drive
Ortigas Complex, Pasig City, Philippines
(Office of the Director-General)
Telephone: (632) 631-3716; Facsimile: (632) 631-3747
http://www.neda.gov.ph
Email: fmm@mail.neda.gov.ph