National Economic and Development Authority
Philippine government agency / From Wikipedia, the free encyclopedia
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The National Economic and Development Authority (NEDA; Filipino: Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad) is an independent cabinet-level agency of the Philippine government responsible for economic development and planning. It is headed by the president of the Philippines as chairman of the NEDA board, with the Secretary of Socioeconomic Planning as vice-chairman. A number of Cabinet members, the Governor of the Bangko Sentral ng Pilipinas, the Chairperson of the Metropolitan Manila Development Authority, the Chief Minister of Bangsamoro, the Secretary of Information and Communications Technology, the Chairman of the Subic–Clark Area Development Corporation, and the National President of the Union of Local Authorities of the Philippines are members of the NEDA Board.
Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad | |
NEDA Central Office | |
Agency overview | |
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Formed | December 23, 1935; 88 years ago (1935-12-23)[1] |
Preceding Agency |
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Headquarters | 12 St. J.Escriva Drive, Ortigas Center, Pasig City 14°34.7′N 121°3.6′E |
Employees | 1,160 (2020)[2] |
Annual budget | ₱1.720 billion (2022)[3] |
Agency executive |
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Child agencies |
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Website | www |
The agency is currently headed by Secretary Arsenio Balisacan since June 30, 2022.[4]