NINETEENTH CONGRESS OF THE ] 
REPUBLIC OF THE PHILIPPINES ] 
First Regular Session 
]
SENATE
S.B. No. 1060
Wc B>ecvi>tnrji
"22 AUG-8 fl]0:J4
received
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Introduced by SEN. WIN GATCHALIAN
AN ACT
INSTITUTIONALIZING THE NATIONAL ECONOMIC AND DEVELOPMENT 
AUTHORITY AS THE INDEPENDENT ECONOMIC AND PLANNING AGENCY 
OF THE PHILIPPINE GOVERNMENT, DEFINING ITS FUNCTIONS AND 
AMENDING EXECUTIVE ORDER NO. 230 SERIES OF 1987, AS AMENDED, 
APPROPRIATING FUNDS THEREFOR,
AND FOR OTHER PURPOSES
EXPLANATORY NOTE
The vision of this landmark legislation is to instill a culture of planning in the 
formulation and implementation of the country's economic and development policies 
- and emphasizes the importance of participatory planning by expanding stakeholder 
participation through various stages.
The Act institutionalizes the National Economic and Development Authority 
(NEDA) as a lead integrator of economic deveiopmr;!nt programs and policies to 
achieve the following objectives: (1) facilitate the planning, collaboration, and 
coordination among the relevant government agencies; (2) improve access to national 
program information, data, and funding opportunities, support research of leading 
edge, world class economic development practices and information dissemination 
efforts; (3) ensure that economic resources are aligned and invested in support of 
identified and well-defined timely strategies and projects in non-duplicative activities; 
(4) encourage strategic investments that strengthen competitiveness and foster job


creation; (5) promote energy independence, help fight poverty and build prosperity 
for the greatest number of Filipinos; and, (6) produce transformational economic 
diversification and workforce development outcomes for our country's long-term 
sustainable economic future.
It seeks to institutionalize a new and truly independent department that will 
implement long-term, continuing, integrated, and coordinated programs and policies 
for national development. It will also enhance decentralization and strengthen the 
autonomy of units within the various regions of the country to accelerate their 
economic and social growth and development. Distressed communities will thus be 
empowered to revitalize, expand, and upgrade their physical infrastructures to attract 
new industries, encourage business expansion in the countryside, diversify local 
economics, and generate or retain long-term private sector jobs and investments.
GATCHALIAN


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NINETEENTH CONGRESS OF THE ] 
REPUBLIC OF THE PHILIPPINES ] 
First Regular Session 
]
SENATE
S.B. No. 1060
of tl}c
72 HUG-8 A1014
f^F.CEIVED 8Y:_:
Introduced by SEN. WIN GATCHALIAN
AN ACT
INSTITUTIONALIZING THE NATIONAL ECONOMIC AND DEVELOPMENT 
AUTHORITY AS THE INDEPENDENT ECONOMIC AND PLANNING AGENCY 
OF THE PHILIPPINE GOVERNMENT, DEFINING ITS FUNCTIONS AND 
AMENDING EXECUTIVE ORDER NO. 230 SERIES OF 1987, AS AMENDED, 
APPROPRIATING FUNDS THEREFOR,
AND FOR OTHER PURPOSES
Be it enacted by the Senate and the House of Representatives of the Phiiippines in 
Congress assembled:
SECTION 1. Short Title. — This Act shall be known as the "The National 
Economic and Development Authority Act of 2022."
SEC. 2. Declaration of Policy. —The State shall adopt and implement continuing 
integrate(;l and coordinated long, medium, and short term development plans and 
policies to achieve the following goals: full employment towards sustainable and 
inclusive economic growth; equitable distribution of opportunities, income, and 
wealth; and increased productivity as a key to raising the quality of life for all. To this 
end, it is recognized that the formulation of socioeconomic policies and plans is a vital 
process that calls for the participation of the public and private sectors at the national 
and sub-national levels. The formulation and adoption of these policies and plans need


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to be coordinated and implemented by an independent economic and planning 
agency, to be headed by the President, to ensure the consistency of policies, plans 
and programs for national development and the sustainable use of the nation's 
resources.
CHAPTER I
INSTITUTIONALIZATION AND ORGANIZATION OF THE NATIONAL 
ECONOMIC AND DEVELOPMENT AUTHORITY 
ARTICLE I.
POWERS AND FUNCTIONS OF THE NATIONAL ECONOMIC AND 
DEVELOPMENT AUTHORITY
SEC. 3. The National Economic and Development Authority. - There is hereby 
established an independent economic and planning agency, which shall be known as 
the National Economic and Development Authority, hereafter referred to as NEDA.
SEC. 4. Powers and Functions. — The NEDA shall have the following powers 
and functions:
(1) 
Formulate, in consultation with appropriate public agencies, civil society 
organizations, non-government organizations, people's organizations, the academe, 
the private sector, and local government units, continuing integrated and coordinated 
policies, plans and programs for national and regional development, such as, but not 
limited to:
(a) Long-term national development plans;
(b) Medium-term and short-term national and regional development plans;
(c) Medium-term national and regional public investment programs;
(d) National and regional physical framework plans; and
(e) Sectoral, inter-sectoral and spatial plafis and programs.
(2) 
Ensure the harmonization of national and regional plans and programs 
by prescribing standards, guidelines, and compliance and accountability mechanisms 
towards continuing integrated and coordinated programs and policies for national 
development;


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(3) 
Help ensure and coordinate the integration of national, regional, sub­
national and spatial plans and programs for consistency and alignment with the overall 
development objectives of the country;
(4) 
Prioritize policies and strategies, with corresponding programs, activities 
and projects, and funding from the national government, official development 
assistance (ODA), public-private partnerships (PPP), and other viable sources of 
funding, as basis for budget expenditure policies and budget formulation, in 
coordination with implementing agencies, and for reporting to the NEDA Board and its 
committees;
(5) 
Monitor and evaluate national and regional programs and projects of 
government, funded by the national government, official development assistance, 
public-private partnerships, and other viable sources of funding to ensure their proper 
implementation and the achievement of goals for which such programs and projects 
were approved;
(6) 
Review, monitor and assess the impact of policies, regulations, and 
programs of the government, and recommend to concerned government agencies and 
instrumentalities strategies and measures, including proposed legislation, in 
collaboration with the Philippine Institute of Development Studies, as necessary, to 
achieve sectoral development goals;
(7) 
Recommend policies that would encourage investments to ensure that 
the economic and business environments and regulatory frameworks are consistent 
with the development agenda and plans of the country; and
(8) 
Provide technical, advisory and secretariat support services to the NEDA 
Board and its committees, the Regional Development Councils, and other 
stakeholders.


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ARTICLE II.
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THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY BOARD
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SEC. 5. Composition of the Nationai Economic and Development Authority
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Board (NEDA Board). — The powers and functions of the NEDA shall reside in the
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NEDA Board, composed of eight (8) members:
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(1) The President of the Philippines, who shall be the Chairperson of the
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NEDA Board. Whenever the President is unable to attend a meeting of the Board, the
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Vice-Chairperson shall act as Chairperson;
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(2) The Secretary of NEDA, who shall be the Vice-Charperson;
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(3) 
The Secretary of Finance;
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(4) 
The Secretary of Budget and Management;
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(5) 
The Secretary of Interior and Local Government;
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(6) The Secretary of Trade and Industry;
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(7) 
The Secretary of Public Works and Highways; and
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(8) 
The Governor of the Bangko Sentral ng Pilipinas (BSP), as a resource
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institution.
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All members of the NEDA Board, except the Governor of the BSP, are voting
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members.
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The presence of at least four voting members shall constitute a quorum.
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SEC. 6. Meetings. — The NEDA Board shall meet at least once every quarter.
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The presence of four voting members shall constitute a quorum, provided that in all
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cases the Secretary of NEDA shall be present.
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A special meeting of the NEDA Board may be convened by the President to
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address urgent concerns, or emergencies, such as natural disasters, calamities, or
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other extraordinary circumstances which would affect the economy and national
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development.
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All decisions of the NEDA Board shall require the concurrence of at least a
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majority of the voting members present at a meeting at which there is a quorum.


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The NEDA shall maintain and preserve a complete record of the proceedings 
and deliberations of the NEDA Board, including the recordings ^d transcripts, either 
in their original form, or in any secured digital format.
SEC. 7. Withdrawal of Persons Having a Personal Interest - In acdition to the 
requirements of Republic Act (RA) No. 6713, any member of the NEDA Board with 
personal or pecuniary interest in any matter in the agenda of the NEDA Board shall 
disclose his interest to the Board and shall withdraw from the meeting when the matter 
is taken up. The decision taken on the matter shall be made public. The minutes shall 
reflect the disclosure made and the recusal of the member concerned from the 
meeting.
SEC. 8. Exercise of Authority. - In the exercise of authority, the NEDA Board, 
upon its recommendation to and upon approval thereof by the President, shall:
(1) 
Direct the formulation and implementation of policies and strategies that 
would promote economic development and address development concerns of national 
Importance;
(2) 
Issue rules and regulations necessary fo.' the effective disdiarge of the 
powers and functions vested upon the NEDA;
(3) 
Ensure, together with the Department of Budget and Management and 
other relevant government oversight agencies, that the annual and multi-year 
appropriations for programs and projects are aligned with the development strategies 
in the MTPDP and MTRDPs;
(4) 
Endorse to Congress the integrated development plans and programs 
which will serve as bases for the annual budget review and deliberation;
(5) 
Determine the level of annual government expenditures, as well as 
projections, forecast, resource requirement, and the ceiling of government spending 
for social and economic development, national defense, government debt service, and 
the proper allocation of expenditures for each development activity between current 
operating expenditures and capital outlay;
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(6) 
Confirm projects, programs and plans as required under existing laws,
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orders, rules and regulations, and other issuances; and
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(7) 
Direct the reorganization, or establishment of inter-agency committees
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under the NEDA Board, including the modification of its membership, structures,
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powers, and functions.
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SEC. 9. Inter-Agency Committees. — Inter-agency committees shall be created
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to be the primary advisory bodies to the NEDA Board. It shall submit recommendations
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on matters involving their concerns to the NEDA Board for approval.
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The President, upon the recommendation of the NEDA Board, shall designate
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the respective Chairpersons of these Committees, including the Secretariat.
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The NEDA Board may create other inter-agency committees, or modify existing
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ones, in respect to their structures, compositions, powers, and functions.
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The inter-agency committees may create sub-committees, whenever
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appropriate, for the purpose of dispensing with any of its respective functions.
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The composition of the inter-agency committees shall be without prejudice to
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the participation of representatives of other government agencies or bodies, or of
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authorized representatives of major organizations of local government officials, civil
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society organizations, non-government organizations, people's organizations, the
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academe, or other private organizations as may be considered desirable by the
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committee in its deliberations.
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The following shall be the NEDA Board Inter-Agency Committees:
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(1) 
Development Budget Coordination Committee (DBCC) - The D BCC, to be
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composed of the Secretaries of Budget and Management, National Economic and
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Development Authority, Finance, and Trade and Industry, the Executive Secretary,
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and the Governor of the Bangko Sentral ng Pilipinas, shall have the following functions:
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(a) Recommend for Presidential approval the level of annual
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government expenditures and the ceiling of government spending for
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economic and social development, national defense, and government debt
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service;


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(b) 
Recommend the budget to be allocated for current operating 
expenditures and capital outlays of government programs and projects;
(c) 
Assess the overall economic situation of the country, which 
includes economic growth, monetary, fiscal, and possible economic risks which 
may require policy reforms;
(d) 
Conduct periodic review of fiscal and macroeconomic targets, and 
the revenue and expenditure projections of the government;
(e) 
Prepare a strategic multi-year fiscal program which supports the 
long-term and medium-term development objectives of the country; and
(f) 
Formulate and monitor the implementation of the framework for 
regional development of the medium-term development plan.
(2) Investment Coordination Committee (ICC) - The ICC, to be composed of 
the Secretaries of Finance, National Economic and Development Authority, Budget and 
Management, Interior and Local Government, and Trade and Industry, the Executive 
Secretary, and the Governor of the Bangko Sentral ng Pilipinas, shall have the 
following functions:
(a) 
Review and submit to the President a status of the fiscal, 
monetary and balance of payment implications of major capital programs and 
projects;
(b) 
Identify and determine the level of expenditure program of 
national government agencies by region, in accordance with the approved 
regional medium-term development plans and regional medium-term 
development investment programs;
(c) 
Recommend the timetable of the implementation of major capital 
programs and projects on a regular basis;
(d) 
Review and evaluate specific major capital programs and projects 
with respect to technical, financial, economic, social, environmental, legal, 
institutional, feasibility, and viability, as well as from the context of sectoral 
plans and geographical strategies, as may be required by law, orders, and 
other legal issuances;


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(e) 
Review and approve major caoital projects based on a cost 
threshold as may be set by the NEDA Board; and
(f) 
Recommend a domestic and foreign borrowing program.
(3) 
Infrastructure Committee (INFRACOM) - The INFRACOM, to be 
composed of the Secretaries of National Economic and Development Authority, Public 
Works and Highways, Budget and Management, Finance, Information and 
Communications Technology, Transportation, Trade and Industry, Energy, 
Agriculture, and Tourism, and the Executive Secretary, shall have the following 
functions:
(a) 
Formulate a national infrastructure development strategy that will 
coordinate, integrate and accelerate the development initiatives across all 
infrastructure subsectors in the country;
(b) 
Advise the President and the NEDA Board, on all matters 
concerning infrastructure development, including highways, airports, seaports, 
offshore infrastructure, and shore protection, railways and subways; power 
generation, transmission, and distribution; telecommunications; irrigation, 
flood control, and drainage; water supply and sanitation; national buildings for 
government offices; hospitals and related buildings; state colleges and 
universities, elementary and secondary school buildings; reclamation; and 
other public works, whether procured or financed through traditional means, 
public-private partnership (PPP), or any other method; and
(c) 
Coordinate the activities of agencies, including government- 
owned and/ or controlled corporations involved in infrastructure development.
(4) 
Soda! Development Committee (SDC) - T he SDC, to be composed of the
Secretaries of Social Welfare and Development, National Economic and Development 
Authority, Budget and Management, Education, Agrarian Reform,, Agriculture, Health, 
Interior and Local Government, and Labor and Employment, the Executive Secretary, 
and the Lead Convenor of the National Anti-Poverty Commission, shall have the 
following functions: 
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(a) 
Formulate and recommend government policies, programs and 
projects on social development that are appropriate and consistent with 
national development and priorities;
(b) 
Advise 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; and
(c) 
Coordinate the activities of government agencies concerned with 
social development.
(5) 
Tariff and Related Matters Committee (TRMC) - The TRMC, to be 
composed of the Secretaries of Trade and Industry, National Economic and 
Development Authority, Agriculture, Budget and Management, Environment and 
Natural Resources, Finance, Foreign Affairs, Information and Communications 
Technology, Transportation, the Executive Secretary, the Governor of the Bangko 
Sentral ng Pilipinas, and the Chairperson of the Tariff Commission, shall have the 
following functions:
(a) 
Recommend to the NEDA Board a continuous rationalization 
policy and program for the country's tariff structure;
(b) 
Advise the NEDA Board on tariff and related matters, as well as 
the effects of various international developments on the country; and
(c) 
Coordinate government agency positions and recommend 
national positions for international economic negotiations.
(6) 
Regional Development Committee (RDCOM) - The RDCOM, to be 
composed of the Secretaries of National Economic and Development Authority, 
Interior and Local Government, Budget and Management, and Trade and Industry, 
three (3) Regional Development Council Chairpersons representing Luzon, Visayas, 
and Mindanao, and one (1) representative from the Union of Local Authorities of the 
Philippines, shall have the following functions;
(a) 
Advise the NEDA Board on matters concerning regional
development;


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(b) 
Formulate and monitor the implementation of policies that reduce 
regional growth disparities;
(c) 
Promote equitable allocation of resources among regions by 
strengthening the linkage between national and regional/local planning, 
investment programming and budgeting, and providing recommendations to 
the DBCC on the guidelines for the regional allocation of budgetar/ resources;
(d) 
Serve as a clearinghouse for key regional development policy 
proposals that have impacts on at least two (2) regions;
(e) 
Formulate and monitor the implementation of the framework for 
regional development of the medium-term development plan; and
(f) 
Periodically review the viability of the regional configuration of the 
country, and recommend to the NEDA Board the re-delineation of regions, as 
may be necessary.
(7) National Physical Resource Use Committee (NPRUC) - The NPRUC, to be 
composed of the Secretaries of National Economic and Development Authority, 
Agrarian Reform, Agriculture, Energy, Environment and Natural Resources, 
Information and Communications Technology, Interior and Local Government, Justice, 
Public Works and Highways, Science and Technology, Trade and Industry, 
Transportation, and Tourism, the Chairperson of the Housing and Urban Development 
Coordinating Council or the Mousing and Land Use Regulatory Board, the Chairperson 
of the National Commission on Indigenous Peoples, and the presidents of Leagues of 
provinces, municipalities and cities, shall have the following functions:
(a) 
Advise the NEDA Board on matters concerning land use and 
physical planning;
(b) 
Formulate a national physical framework plan and other inter­
sectoral policies and programs that guide the rational utilization and 
management of the country's land and other physical resources, and the 
preparation of sub-national physical framework plans;
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(c) 
Ensure the integration of iahd use and physical planning policies, 
plans and programs, including disaster risk management, into national 
socioeconomic plans and programs;
(d) 
Recommend resolutions concerning land use policy conflicts 
among agencies of the national government;
(e) 
Oversee the establishment and maintenance, in conjunction with 
appropriate government agencies, a database system that will identify and 
classify the present and possible uses of specific land areas, public and private, 
comprising the total land resource of the country; and
(f) 
Provide policy directions to the Regional Land Use Committees in 
the performance of their respective physical planning functions.
The NPRUC may call on any Department, Bureau, Office, or Agency for support 
or assistance in the performance of its function.
The composition of the Committee shall be without prejudice to the participation 
of representatives of other government agencies or bodies, or of authorized 
representatives of major organizations of local government officials, civil society 
organizations, non-government organizations, people's organizations, the academe, 
or other private organizations as may be considered desirable by the Committee in its 
deliberations.
(8) Economic Development Committee (EDC) - The EDC shall be composed 
of the Secretaries of Finance, National Economic and Development Authority, Trade 
and Industry, Budget and Management, Public Works and Highways, Transportation, 
Information and Communications Technology, Energy, Science and Technology, 
Tourism, Agriculture, and Interior and Local Government, the Governor of the Bangko 
Sentral ng Pilipinas, and the Executive Secretary; It shall be the main coordinating 
mechanism that ensures that the policy environment is conducive to the promotion of 
rapid, inclusive, and sustained economic growth. In particular, the EDC shall:
(a) Formulate policies that promote sustainable economic
development and inclusive growth;
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(b) 
Promote an environment conducive to growth and 
competitiveness of private enterprises and human capital resources, and the 
creation of jobs that will empower people and provide them with opportunities 
to rise above poverty;
(c) 
Recommend to the President and NEDA Board policies that would 
ensure equitable distribution of economic opportunities and benefits to 
Filipinos;
(d) 
Recommend policy directions towards the development of farms 
and rural enterprises which are vital to achieving food security and more 
equitable growth; and
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Monitor and evaluate continuous improvements in national 
productivity and competitiveness of domestic products and services.
(9) Science, Technology and Innovation Committee (STIC) - The STIC, to 
be composed of the Secretaries of Science and Technology, National Economic and 
Development Authority, Information and Communications Technology, Trade and 
Industry, Finance, Budget and Management, and Education, Labor and Employment, 
Agriculture, and the Chairperson of the Commission on Higher Education, and the 
Executive Secretary, shall have the following functions:
(a) 
Recommend policies and programs that will promote a culture of 
research, planning, and innovation, and encourage knowledge creation, 
dissemination, and utilization to support the country's sustainable economic 
development, food security and safety, industrialization, defense and security, 
and competitiveness; and
(b) 
Oversee and coordinate the preparation of a national agenda that 
would provide the framework and strategies for research and development, 
and innovation in the country.
SEC. 10. Meetings and Reports of the Inter-Agency Committees. - The inter-
29 agency committees shall meet regularly, but may be convened to such special
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meetings as may be necessary. The members of the inter-agency committees shall be 
duly notified of any meeting in advance.
The inter-agency committees shall furnish th- NEDA Board their respective 
reports and outputs during such meetings.
ARTICLE III.
THE SECRETARY AND OFFICES OF THE NATIONAL ECONOMIC AND 
DEVELOPMENT AUTHORITY
SEC. 11. Organizaticn and Staffing. - The NEDA shall establish a human 
resource management system, in accordance with Civil Service Rules, which shall 
govern the selection, hiring, appointment, transfer, promotion, or dismissal of all
personnel with the aim of establishing integrity, professionalism, and excellence at all 
levels.
It shall adopt a position classification and compensation structure based on job 
evaluation studies, talent retention strategies, and wage surveys, that shall thereafter 
be submitted to the DBM for review and approval.
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SEC. 12. Organization of NEDA. - The NEDA shall consist of the Office of the 
Secretary, the Offices of the Undersecretaries and Assistant Secretaries, technical and 
sectoral staffs, operations support staffs, and regional offices.
SEC. 13. Office of the Secretary of NEDA. — The Office of the Secretary of NEDA 
shall consist of the Secretary, four (4) Undersecretaries, eight (8) Assistant 
Secretaries, the Internal Audit Service, and the Legislative Liaison Office.
SEC. 14. Functions of the Secretary of NEDA. —The Secretary of the National 
Economic and Development Authority shall have the following functions:
(1) Provide executive direction and supervision over the entire operations of 
the NEDA;
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(2) 
Establish policies and standards for the effective, efficient, and
economical operations of the NEDA, in accordance with the programs of the 
government;
(3) 
Promulgate rules, regulations, and other issuances as necessary in 
carrying out the NEDA's mandate, objectives, policies, plans, programs, and projects;
(4) 
Establish effective linkages with regional and provincial planning and 
development offices;
(5) 
Advise the President, thru the NEDA Board, on the promulgation of 
executive or administrative orders, and the formulation of regulatory and legislative 
proposals, pertaining to matters of national economic and social development;
(6) 
Promulgate such rules and regulations, and exercise such other powers 
as may be required to implement the objectives of th s Act; and
(7) 
Perform such other tasks as may be provided by law or assigned by the 
President.
SEC. 15. Term of Office of the Secretary. - The Secretary of National Economic
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and Development Authority shall be appointed by the President who shall serve until
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the expiration of the President's term unless sooner terminated.
SEC. 16. Undersecretaries and Assistant Secretaries. - The Secretary shall be 
assisted by four (4) Undersecretaries and eight (8) Assistant Secretaries, who are 
appointed by the President, upon recommendation by the Secretary.
The Secretary shall have the flexibility to determine the respective assignments 
of the Undersecretaries and Assistant Secretaries, depending on the Secretary's
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strategic directions and/or emerging development trends affecting the country's
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economy.
SEC. 17. Staffs and Offices. - The NEDA shall be composed of the following 
technical and sectoral staffs, administrative and support staffs, and regional offices: 
(1) National Policy and Planning Staff;
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(2) 
Public Investment Staff;
(3) 
Monitoring and Evaluation Staff;
(4) 
Regional Development Staff;
(5) 
Agriculture, Natural Resources, and Environment Staff;
(6) 
Governance Staff;
(7) 
Social Infrastructure Staff;
(8) 
Connectivity Infrastructure Staff;
(9) 
Social Development Staff;
(10) 
Trade, Services, and Industry Staff;
(11) 
Administrative Staff;
(12) 
Development Information Staff;
(13) 
Financial Planning and Management Staff;
(14) 
Information and Communications Technology Staff;
(15) 
Legal Staff;
(16) 
Internal Audit Service;
(17) 
Legislative and Liaison Office; and
(18) 
Regional Offices in all the administrative regions of the country, except 
those with planning offices created by law.
The Secretary may recommend for NEDA Board approval the creation of 
additional staffs or modification of existing staffs relative to their structures, 
compositions, powers, and functions.
SEC. 18. NEDA Regional Offices (NROs). - The NROs shall have the following 
functions:
(1) Oversee the integration of plans and programs of regional agencies, 
state universities and colleges (SUCs), government owned and controlled corporations 
(GOCCs), and local government units (LGUs) into the regional and national plans. The 
NROs shall provide assistance to regional line agencies, LGUs, SUCs, and GOCCs in 
identifying and developing programs and projects;
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(2) 
Evaluate and review proposed policies, land use plans, programs, and 
projects in the region;
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Monitor and evaluate the implementation of plans, policies, programs, 
and projects;
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Provide technical and secretariat services to their respective Regional 
Development Councils;
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Undertake research and ensure knowledge utilization for regional 
development and productivity;
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Provide technical assistance to development partners In the region in 
accordance with NEDA's functions; and
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Provide technical assistance to local government units through relevant 
agencies such as the Commission on Population in their development planning 
processes, taking into account population factors and the concept of population and 
development.
SEC. 19. Attached Agencies. - The agencies attached to the NEDA as of the 
effectivity of this Act shall continue to be attached in the performance of their 
respective functions, pursuant to the pertinent provisions of their respective charters 
or enabling laws, unless otherwise provided.
The following agencies are attached to the NEDA for purposes of policy and 
program coordination:
(1) 
Philippine Institute for Development Studies (PIDS);
(2) 
Philippine National Volunteer Service Coordinating Agency (PNVSCA);
(3) 
Philippine Statistics Authority (PSA);
(4) 
Philippine Statistical Research and Training Institute (PSRTI); and
(5) 
Commission on Population and Development (POPDEVCOM).
Other agencies, which are attached to the NEDA for budgetary purposes and 
administrative supervision, include:
(1) 
Public-Private Partnership Center (PPPC); and
(2) 
Tariff Commission (TC)
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SEC. 20. Functions of the Attached Agencies. — The agencies attached to the 
NEDA shall continue to operate and function in accordance with the respective 
charters, laws, or orders creating them, except as otherwise provided in this Act, the 
Administrative Code of 1987, and subsequent laws. The NEDA shall review the 
mandate, objectives, and functions of the attached agencies in order to recommend 
dispositions or revisions in their respective charters, whenever appropriate and 
deemed advisable.
SEC. 21. Legislative-Executive Development Advisory Council (LEDAC). -The 
NEDA shall continue to serve as the principal secretariat of the LEDAC, consistent with 
RA No. 7640. It shall perform the following functions under Section 3 thereof, including 
the preparation of the budget and administration of the funds of the Council:
(1) 
Determine aiid recommend socioeconomic development goals in 
pursuance of established policies which shall guide the formulation and 
implementation of the national development plan;
(2) 
Provide policy advice to the President on vital issues affecting the 
socioeconomic development of the country;
(3) 
Direct the study of measures to ensure that regional development plans 
and programs are integrated into the national development plan;
(4) 
Receive, and In appropriate cases, require reports on, and study 
measures to improve, the implementation of official development assistance from 
multilateral and bilateral entities;
(5) 
Assess effectiveness of implementation of the national development
plan;
(6) 
Integrate environmental concepts, principles and practices into the 
national development plan for a balanced and cohesive approach to national 
development;
(7) 
Review the relationship of the legislative agenda to the national 
development plan to ensure the Integration of both; and
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(8) 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.
ARTICLE IV.
DEVELOPMENT PLA-IS AND PROGRAMS, REPORTS AND PUBLICATIONS
SEC. 22. Long-Term Development Plan. - The NEDA, in consultation with 
regional, local, and other stakeholders, shall formulate a Long-Term National, 
Regional, and Local Development Plan which will provide the overall direction to the 
medium-term and short-term development plans of tlie country, to ensure consistency 
of government strategies, policies, programs, and projects across political 
administrations. The long-term development plan shall contain the development goals
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and milestones each administration should attain to realize the long-term vision of the
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Filipino people.
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SEC. 23. Medium-Term Philippine Development Plan (MTPDP) and Medium-
Term Regional Development Plans (MTRDPs). - The NEDA, in consultation with
appropriate public agencies, various private sector and local government units, shall
prepare an economic development blueprint for the next six years, which shall be
known as the Medium-Term Philippine Development Plan. The MTPDP shall embody
the government's socio-economic policies, strategies and programs in support to and
consistent with the development agenda of the President, and geared towards the
attainment of the development goals and objectives in the long-term development 
plan.
At the regional level, the NEDA Regional Offices shall coordinate the preparation
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of their respective regional development plans, consistent with the MTPDP. The
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MTRDPs shall define the region's development direction and identify policies, 
strategies, and programs.
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SEC. 24. Medium-Term Public Investment Program (MTPIP) and Regional 
Medium-Term Development Investment Programs (RMTDIPs). - The preparation of
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the MTPIP and RMTDIPs shall be formulated in support of PDPs and RDPs. The NEDA 
shall prepare a list of priority programs and projects to be implemented by the national 
government, government-owned and/or controlled corporations (GOCCs), 
government financial institutions (GFIs), and other national government offices and 
instrumentalities that will contribute to the attainment of the sectoral goals and 
outcomes in the MTPDP and MTRDPs.
The MTPIP and RMTDIPs shall be regularly updated. The NEDA, in consultation 
with appropriate government agencies and stakeholders, shall prioritize sectoral and 
geographic programs, projects, and activities to be funded from government 
appropriations, ODA, PPP, revenue sources generated by GOCCs, GFIs, and other 
government bodies and instrumentalities, and other viable sources of funding.
SEC. 25. National Physical Framework Plan (NPFP). - The NEDA shall prepare a 
framework which provides analytical parameters for the planned allocation, use and 
management of the country's land and other physical resources. The NPFP shall help 
plan and manage these resources at the national and sub-national levels.
The NEDA Regional Offices shall coordinate the preparation of the sub-national 
physical framework or physical development plans for the approval of their respective 
RDCs.
The NPFP and sub-national physical framework or physical development plans 
shall serve as the main reference documents in the preparation of the physical plans 
and land use plans of provinces, cities, and municipalities in the country.
SEC. 26. Socioeconomic Report (SER) and Regional Development Reports 
(RDRs). - To monitor the implementation of the MTPDP and MTRDPs, the NEDA shall 
prepare periodic socioeconomic reports. The SER and RDRs shall sei^e as inputs to 
policy and decision makers in the formulation of policies, budgeting, and 
implementation of programs and projects based on the development plans of the 
country.
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SEC. 27. ODA Portfolio Review. - Consistent with RA No. 8182 or the ODA Act 
of 1996, as amended by RA No. 8555, the NEDA shall conduct an annual review of 
the status of ail projects financed by ODA and identify causes of implementation and 
completion delays or reasons for bottlenecks, cost overruns, and continued program 
or project viability. The NEDA is required to submit to the President and Congress a 
report on the outcome of the review not later than June 30 of each year.
SEC. 28. Knowledge Management — The NEDA shall establish a repository of 
data and information, publications, research and analyses, and other information 
concerning the Philippine economy and development, in general. It shall manage, 
maintain, and make available such information and documents to the public for the 
purpose of knowledge sharing.
CHAPTER II
HARMONIZATION AND SYNCHRONIZATION OF DEVELOPMENT 
PLANNING, INVESTMENT PROGRAMMING, BUDGETING, MONITORING 
AND EVALUATION PROCESSES OF GOVERNMENT
ARTICLE I.
LINKAGE AND ALIGNMENT OF PLAN AND PROGRAM FORMULATION
SEC. 29. Plan and Program Formulation. - The NEDA Board shall issue the 
Planning Call not later than two months after the newly elected President has assumed 
office. The NEDA shall prescribe the standards and guidelines in the preparation of 
the MTPDP, MTRDPs, MTPIP, and RMTDIPs, including a planning and investment 
programming timetable aligned with the budget calendar.
The NEDA, in coordination with concerned government agencies and other 
government instrumentalities, shall determine a timetable for the preparation and 
formulation of sectoral plans and programs, to ensure that the policies and strategies 
contained in the respective sectoral plans are considered and incorporated in the 
MTPDP. The timetable for the formulation of the MTPDP and MTPIP shall align with 
the budgeting timetable to ensure that the strategic programs and projects identified 
are provided with the required funding allocation.
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SEC. 30. Planning, Programming and Budgeting Linkage. - The NEDA shall 
ensure a strong, efficient, and effective linkage between development planning, 
programming and budgeting.
The NEDA, together with the Department of Budget and Management and other 
relevant government oversight agencies, shall ensure that the annual appropriations
for programs and projects are aligned with the development strategies in the MTPDP 
and MTRDPs.
SEC. 31. Adoption and Implementation of Plans and Investment Programs. ~ 
The RDCs shall approve their respective MTRDPs and RMTDIPs for consideration in 
the MTPDP and MTPIP. The NEDA Board shall approve the MTPDP and MTPIP for 
adoption and implementation of government agencies.
SEC. 32. Integration cfNational, Regional, and Local Plans and Programs. - The 
NEDA shall ensure the integration of major regional and local development priorities 
into the MTPDP and MTRDPs, respectively. Furthermore, the NEDA, through the NEDA 
Regional Offices, shall provide oversight in the formulation of provincial development 
and physical framework plans so that local development thrusts are aligned with and 
contribute to the national and regional level plans and programs.
The NEDA shall likewise institute processes to enable the inclusion of regional 
priorities In the programs and projects of the national government agencies, and 
subsequently, in the respective budgets of national agencies.
SEC. 33. Consultations and Technical Assistance. - There shall be maximum
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participation by and consultation with concerned local government units, community
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organizations, people's organizations, the academe, or other private organizations in
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order to ensure that the priority needs are Incorporated into the formulation of policies,
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plans, programs and projects.
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The NEDA shall provide technical assistance to the local government units on 
how to iocalize national development strategies, particularly in planning and 
investment programming to ensure alignment of local development plans and 
strategies with the MTPDP and MTRDPs. It shall also assist local government units in 
identifying and developing programs and projects, and redirecting resources into more 
productive activities to achieve the intended development outcomes in their respective 
areas.
SEC. 34. Coordination with Autonomous and Administrative Regions. - The 
NEDA shall ensure effective coordination with autonomous and administrative regions 
with separate planning offices in the formulation of the MTPDP and in other relevant 
planning activities affecting said regions.
ARTICLE II.
MONITORING AND EVALUATION OF PLANS AND PROGR/ MS
SEC. 35. Monitoring and Reporting on the Impiementation of Rians and 
Programs. - The relevant inter-agency committees shall monitor the implementation 
of the MTPDP, MTRDPs, MTPIP and RMTDIPs, including sectoral plans and programs 
on an annual basis, to determine if the targets identified in the plans and programs 
were achieved. The monitoring results shall be reported to the NBDA Board, Congress, 
and other concerned agencies for purposes of adjustments in policies, programs, and 
projects.
The NEDA shall facilitate the conduct of monitoring and evaluation of programs 
and projects at the national level, complemented by the Regional Project Monitoring 
and Evaluation System at the regional levels. The Department of the Interior and Local 
Government shall complement NEDA's monitoring, reporting, and facilitation of 
programs and projects at the sub-regional level through the Local Project Monitoring 
Committees.
SEC. 36. Evaiuation of the Impiementation of Pians and Programs. - 
Consistent with a National Evaluation Framework, which provides for the purposive
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conduct of evaluation in the public sector, a national evaluation agenda shall be 
formulated. The relevant inter-agency committees shall identify and commission, or 
instruct agencies to conduct public sector evaluation studies in support of good 
governance, transparency, accountability, and evidence-based decision making.
CHAPTER III
TRANSITORY AND OTHER MISCELLANEOUS PROVISIONS
SEC. 37. Transitory Provision. - The powers and functions, applicable funds 
and appropriations, records, files, equipment, facilities, supplies, property, and 
personnel of the current NEDA Secretariat are hereby transferred to the new NEDA.
The present career officials and employees of the current NEDA Secretariat shall 
onjoy security of tenure and be absorbed by the new NEDA, in accordance with its 
staffing pattern and selection process as prescribed under RA No. 6656 and by the 
NEDA Board, unless they are separated from service by virtue of the reorganization 
resulting from this Act, or opt and are qualified to redre from service. The affected
officials and employees shall be entitled to a separation package in accordance with 
existing laws.
Affected personnel who are retired or separated from the service shall not be 
re-employed in NEDA or In any of its attached agencies for a period of five years from 
such retirement or separation.
Unless absolutely required, no officer or employee shall be separated from 
service as a result of any reorganization or consolidation under the provisions of this 
Act. In addition, those who desire and are qualified to retire shall be entitled to all the 
benefits provided under existing laws.
Current officials and employees of the NEDA Secretariat shall continue to draw 
their salaries, benefits, and other emoluments until such time, but not later than one 
(1) year from the effectivity of this Act, that the corresponding funds from the National 
Government shall have been appropriated and released to the NEDA.
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SEC. 38. Transferor Rights and Obligations. - The NEDA shall, by virtue of this 
Act, be subrogated to all the rights and assume all the obligations of the current NEDA 
Secretariat, and all its liabilities that pertain to its pertinent funds and appropriations, 
records, files, equipment, facilities, supplies, property, and personnel, including 
unexpended portions of its members' respective salaries.
SEC. 39. Funding. — The amount needed to carry out the initial implementation 
of this Act shall be charged on the current year's budget of the NEDA. Thereafter, the 
necessary budget for the continued operation and maintenance of the NEDA shall be 
included in the annual General Appropriations Act (GAA).
SEC. 40. Implementing Rules and Regulations. - Within ninety (90) days from 
the effectivity of this Act, the NEDA Board shall promulgate the rules and regulations, 
as well as the issuances necessary to ensure the proper implementation of the 
provisions of this Act. These implementing rules and regulations shall take effect 
fifteen (15) days after the completion of their publication in two (2) newspapers of 
general circulation.
SEC. 41. Separability Clause. - If any provision or portion of this Act is declared 
unconstitutional, the remainder of this Act or any provision not thereby affected shall 
remain in full force and effect.
SEC. 42. Repealing Clause. — All laws, decrees, executive orders, ordinances, 
rules, regulations, and other issuances, or parts thereof, which are inconsistent with 
any provision of this Act, are hereby repealed, amended, and/or modified accordingly.
SEC. 43. Effectivity. — This Act shall take effect fifteen (15) days after completion 
of its publication in the Official Gazette or in at least two (2) newspapers of general 
circulation in the Philippines.
Approved,
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