# Administrative Code of 1987/Book V/Title II/Subtitle C/Chapter 2

Source: Supplement to the Official Gazette. Vol. 83, No. 39. Manila. National Printing Office. 1987. pp. 134–137.
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Chapter 2—NEDA Board
Sec. 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.
Sec. 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.
Sec. 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;
    (b) Recommend to the President the proper allocation of expenditures for each development activity between current operating expenditures and capital outlay; and
    (c) Recommend to the President the amount set to be allocated for capital outlay under each development activity for the various capital or infrastructure projects.
(2) Investment Coordination Committee (ICC)—The ICC to be composed of the Director-General of the National Economic Development Authority Secretariat, the Executive Secretary, the Secretaries of Finance, Agriculture, Trade and Industry and of Budget and Management and the Governor of the Central Bank shall have the following functions:
    (a) Evaluate the fiscal, monetary and balance of payments implications of major national projects and recommend to the President the timetable for the implementation of these projects on a regular basis; and
    (b) Recommend to the President a domestic and foreign borrowing program updated each year, and subsequently submit to the President a status of the fiscal, monetary and balance of payments implications of major national projects.
(3) Committee on Social Development (SDC)—The SDC to be composed of the Director-General of the National Economic Development Authority Secretariat, the Executive Secretary, and the Secretaries of Education, Culture and Sports, Labor and Employment, Health, Local Government, Agrarian Reform, Agriculture and Social Welfare and Development shall have the following functions:
    (a) Advise the President and the NEDA Board on matters concerning social development, including education, manpower, health and nutrition, population and family planning, housing, human settlements and the delivery of other social services;
    (b) Coordinate the activities of government agencies concerned with social development; and
    (c) Recommend to the President government policies, programs and projects on social development consistent with national development objectives and priorities.
(4) Committee on Infrastructure (INFRACOM)—the INFRACOM to be composed of the Director-General of the National Economic Development Authority Secretariat, the Executive Secretary, and the Secretaries of Public Works and Highways, Transportation and Communications, Finance, and Budget and Management shall have the following functions:
    (a) Advise the President and the NEDA Board on matters concerning infrastructure development including highways, airports, seaports and shore protection; railways; power generation, transmission and distribution; telecommunications; irrigation, flood control and drainage, water supply; national buildings for government offices; hospitals, sanitation and related buildings; state colleges and universities, elementary and secondary school buildings; and other public works;
    (b) Coordinate the activities of agencies, including government-owned or controlled corporations concerned with infrastructure development; and
    (c) Recommend to the President government policies, programs and projects concerning infrastructure development consistent with national development objectives and priorities.
(5) Committee on Tariff and Related Matters (TRM)—The TRM to be composed of the Director-General of the National Economic Development Authority Secretariat, the Executive Secretary, the Secretaries of Trade and Industry, Foreign Affairs, Agriculture, Environment and Natural Resources and Budget and Management, the Governor of the Central Bank and the Chairman of the Tariff Commission shall have the following functions:
    (a) Advise the President and the NEDA Board on Tariff and related matters, and on the effects on the country of various international developments;
    (b) Coordinate agency positions and recommend national positions for international economic negotiations; and
    (c) Recommend to the President a continuous rationalization program for the country's tariff structure.
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