National Economic and Development Authority

National Economic and Development Authority
Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad

NEDA Central Office
Agency overview
FormedDecember 23, 1935; 88 years ago (1935-12-23)[1]
Preceding Agency
  • National Economic Council (NEC)
Headquarters12 St. J.Escriva Drive, Ortigas Center, Pasig City
14°34.7′N 121°3.6′E / 14.5783°N 121.0600°E / 14.5783; 121.0600
Employees1,160 (2020)[2]
Annual budget₱1.720 billion (2022)[3]
Agency executive
Child agencies
Websitewww.neda.gov.ph Edit this at Wikidata

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.

The agency is currently headed by Secretary Arsenio Balisacan since June 30, 2022.[4]

  1. ^ National Economic and Development Authority (July 29, 2020). "About NEDA".
  2. ^ Department of Budget and Management (August 21, 2019). Staffing Summaries of National Government Agencies (PDF) (Report). p. 226.
  3. ^ General Appropriations Act of Fiscal Year 2022 (PDF) (Republic Act 11639). Congress of the Philippines. December 30, 2021. p. 449.
  4. ^ "Marcos picks Aquino's NEDA chief Balisacan to return to agency". Rappler. May 23, 2022. Retrieved July 8, 2022.