THE NEDA BOARD EXECUTIVE COMMITTEE (EXCOM)
The NEDA Board ExCom was reactivated and reorganized by virtue of Administrative Order No. 8, s. 2017 (Rationalizing the Composition of the National Economic and Development Authority Board, the NEDA Board Executive Committee, and the Investment Coordination Committee).
The powers and functions of the NEDA Board ExCom are as follows:
- Provide policy direction and resolve policy issues involving few agencies or a specific socio-economic sector, without the necessity of convening the entire NEDA Board, and in accordance with existing laws, rules and regulations;
- Approve development plans and programs consistent with the policies set by the President of the Philippines; and
- Confirm ICC-approved projects which are classified as extremely urgent by the ICC.
The NEDA Board ExCom is composed of the President as the Chairperson, the Secretary of Socioeconomic Planning as Vice-Chairperson, and the following as members: the Executive Secretary, the Cabinet Secretary, the Secretary of Finance and the Secretary of Budget and Management.
THE NEDA BOARD
The NEDA is the country’s premier social and economic development planning and policy coordinating body primarily responsible for formulating continuing, coordinated and fully integrated social and economic policies, plans and programs. The powers and functions of the NEDA reside in the NEDA Board.
Under Executive No. 230 (Reorganizing the National Economic and Development Authority), the President may 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. Pursuant to the said provision, the membership of the NEDA Board has been repeatedly amended throughout the different administrations.
On October 20, 2017, President Rodrigo Roa Duterte issued Administrative Order No. 8, s. 2017, reconstituting the present NEDA Board, which is composed of the following:
President of the Philippines
Acting Socioeconomic Planning Secretary
Office of the President
Department of Budget and Management
Department of Energy
Department of Finance
Department of Human Settlements and Urban Development
Department of Public Works and Highways
Department of Trade and Industry
Department of Transportation
Mindanao Development Authority
Bangko Sentral ng Pilipinas
Cabinet-level Interagency Committees
Source: Legal Staff