National Economic and Development Authority (NEDA)

The National Economic and Development Authority (NEDA) is the Philippine government’s primary agency for economic planning and development. It formulates long-term strategies and policies to promote sustainable growth and improve the living standards of Filipinos. NEDA conducts research, analyzes economic trends, and coordinates with other government departments to ensure that development programs align with national goals. Its key role is to create and implement the Philippine Development Plan, which outlines priorities for economic and social progress, ensuring resources are used efficiently to support the nation’s overall development.