National Economic and Development Authority

National Economic and Development Authority

Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad
NEDA Central Office
Agency overview
Formed	December 23, 1935; 88 years ago (1935-12-23)[1]
Preceding Agency	National Economic Council (NEC)
Headquarters	12 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
Employees	1,160 (2020)[2]
Annual budget	₱1.720 billion (2022)[3]
Agency executive	Secretary Arsenio Balisacan, NEDA Secretary
Child agencies	Philippine Statistics Authority (PSA) Philippine Statistical Research and Training Institute (PSRTI) Philippine Institute for Development Studies (PIDS) Public-Private Partnership Center (PPPC) Tariff Commission Philippine National Volunteer Service Coordinating Agency (PNVSCA) Commission on Population and Development (CPD)
Website	www.neda.gov.ph

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]