Section 3December 9, 1992, Sec./Art. 3

Functions of the Council. – The Council shall serve as a consultative and advisory body to the President as the head of the national economic and planning agency for further consultations and advice on certain programs and policies essential to the realization of the goals of the national economy with the following functions:

a) determine and recommend socioeconomic development goals in pursuance of established policies which shall guide the formulation and implementation of the national development plan;

b) provide policy advice to the President on vital issues affecting the socioeconomic development of the country;

c) direct the study of measures to ensure that the regional development plans and programs are integrated into the national development plan;

d) receive, and in appropriate cases, require reports on, and study measures to improve, the implementation of official development assistance from multilateral and bilateral entities;

e) assess effectiveness of implementation of the national development plan;

f) integrate environmental concepts, principles and practices into the national development plan for a balanced and cohesive approach to national development;

g) review the relationship of the legislative agenda to the national development plan to ensure the integration of both;

h) study and recommend to the President and to Congress sources of revenue as well as measures to reduce unnecessary expenditures to the end that the resources of the Government will be used to the optimum.