Article 111p. 111

ADMINISTRATIVE CODE AND LAW OF PUBLIC OFFICERS TEXT AND RULES

SUBTITLE C The National Economic and Development

Authority

CHAPTER 1 General Provisions

SECTION 1. Declaration of Policy . — The State shall

ensure that all socio-economic programs and activities of

the government shall be programmed within the context

of well-formulated and consistent long, medium, and

short-term development plans and policies to promote

both the growth of the economy and the equitable

distribution

of

the

benefits

of

such

growth to the

members of society. To this end, it is recognized that the

formulation of the required socio-economic development

policies and plans is a vital process that calls for the

participation of the various government agencies and

private sector institutions and individuals concerned,

both on national, regional, and local levels. This process of

policy

and

plan

formulation,

however,

needs

to

be

coordinated closely by a central government agency to

ensure

consistency

of

these plans and policies and

optimal use of the nation's scarce resources.

SECTION 2. National Economic and Development

Authority . — The National Economic and Development

Authority shall serve as an independent planning agency

of the government.

SECTION 3. Powers and Functions of the Authority . —

The powers and functions of the Authority are vested in

the NEDA Board.

The

Authority

shall

primarily

be

responsible

for

formulating continuing, coordinated and fully integrated

social and economic policies, plans and programs, on the

basis of the following:

(1) The State aims to achieve objectives of growth

coupled with equity;

(2) Development leading to the attainment of the

above mentioned goals is a multi-faceted process that

calls for the coordination and integration of policies,

plans, programs and projects of all sectors of society;

(3) In the formulation of basic policies, plans, programs

and projects, there shall be maximum participation by

and consultation with concerned private sector groups,

community organizations and beneficiaries and local

government units in order to ensure that priority needs

are incorporated into such policies, plans, programs and

projects;

(4) National plans shall be in fact the sum of nationally

and

regionally

identified

targets and strategies and

locally formulated approaches to perceived local needs

and

priorities,

carried

out

within

the

framework of

national strategies;

(5) Major socio-economic policies, plans, programs and

projects

of

different

government

agencies

must be

properly coordinated with the Authority at both the

national and regional levels prior to their adoption, in

order

to

ensure

their

consistency

with

established

national priorities and coordination with other policies,

plans, programs and projects of the government; and

(6)

The

linkage

between

development

planning,

programming and budgeting shall be of the highest

priority in planning and budgeting activities.

The Authority, after due consultation with the private

sector, community organizations and beneficiaries, local

government units and appropriate public agencies, shall

be responsible for studying, reviewing, formulating and

recommending

continuing,

coordinated

and

fully

integrated economic and development policies, plans

and programs, including the formulation of annual and

medium-term

public

investment

programs,

programming official development assistance in the form

of

grants

and

concessional

loans

from

foreign

governments

and

multilateral

agencies

and

organizations and the monitoring and evaluation of plan

implementation.

SECTION 4. Composition of the Authority . — The

Authority shall be composed of two separate and distinct

entities: the Board and the Secretariat.

CHAPTER 2 NEDA Board

SECTION 5. Composition of the NEDA Board . — The

NEDA Board shall be composed of the following:

The President

— Chairman

Director-General of the NEDA

Secretariat

— Vice-Chairman

Executive Secretary

— Member

Secretary of Finance

— Member

Secretary of Trade & Industry

— Member

Secretary of Agriculture

— Member

Secretary of Environment & Natural

Resources

— Member

Secretary of Public Works and

Highways

— Member

Secretary of Budget and

Management

— Member

Secretary of Labor & Employment

— Member

Secretary of Local Government

— Member

The President may, however, revise the membership

of the NEDA Board whenever the same is deemed

necessary for the effective performance of the Board's

functions through an administrative or memorandum

order.

SECTION 6. Meetings . — The NEDA Board shall meet

at least once a month or as frequently as is necessary to

discharge its responsibilities as called for by the President.

When the President is unable to attend a meeting, the

Director-General of the NEDA may preside as Chairman,

in the absence of any Presidential preference.

The President however continues to have the power to

designate from among the members of the NEDA Board

the

Chairman

that

can

appropriately

represent

the

President, to preside over specific meetings.

SECTION

7.

National

Economic

Development

Authority Inter-agency Committees . — To assist the

NEDA Board in the performance of its functions, there are

hereby created the following committees which shall

hereafter be under the direct control of the NEDA Board

and

shall

submit

all

their recommendations to the

President

for

approval

on

matters

involving

their

respective concerns. The Chairmen of these committees

shall be designated by the President. The NEDA Board

shall likewise determine where the technical staff of the

said committees shall be based.

(1)

Development

Budget

Coordination

Committee

(DBCC)

—

The

DBCC,

to

be

composed

of

the

Director-General of the National Economic Development

Authority Secretariat, the Executive Secretary and the

Secretaries of Finance and of Budget and Management,

shall have the following functions:

(a) Recommend for Presidential approval the level of

the annual government expenditure program and the

ceiling of government spending for economic and social

development, national defense, general government and

debt service;

© Compiled by RGL

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