The Legislative Executive Development Advisory Council (LEDAC) has been created through Republic Act 7640 approved by then President Fidel V. Ramos on December 9, 1992. R.A. 7640 states that LEDAC shall serve as a consultative and advisory body to the President as the head of the national economic and planning agency for further consultations and advice on certain programs and policies essential to the realization of the goals of the national economy. The LEDAC also serves as a venue to facilitate high level policy discussions on vital issues and concerns affecting national development.
Consultative and advisory body to the President on programs and policies essential to the realization of the goals of the national economy.
R. A. 7640 mandated LEDAC with the following functions:
1. Determine and recommend socio-economic development goals;
2. Provide policy advice to the President;
3. Integrate regional development plans into the national development plan;
4. Study measures to improve implementation of official development assistance;
5. Assess effectiveness of the implementation of the national development plan;
6. Integrate environmental principles and practices into the national development plan;
7. Integrate legislative agenda with the national development plan; and
8. Recommend to the President and Congress sources of revenues and measures to reduce unnecessary expenditures in government;
R. A. 7640 identified the NEDA Secretariat as the principal secretariat in providing staff support to the Council to be assisted by personnel from the PMS and the economic planning staffs of both the Senate and the House of Representatives. In addition, Section 2 of RA 7640 provides that LEDAC may call on any government agency or resource persons for assistance.
THE LEDAC SECRETARIAT
To provide staff support to the Council, NEDA has organized the LEDAC Secretariat which holds office at NEDA sa Pasig, No. 12 St JosemariaEscriva Drive, Ortigas Center, Pasig City. The LEDAC Secretariat is the principal workhorse of the Council. It is the NEDA organizational unit that organizes the Council meetings by determining the agenda, as well as inviting the participants to the meeting. The Secretariat is responsible for preparing the agenda folder and the discussion flow for the President and for distributing materials during the meeting.