Senator Juan Miguel Zubiri is proposing the reorganization of the National Economic and Development Authority (NEDA) into the Department of Economy,
Senator Juan Miguel Zubiri is proposing the reorganization of the National Economic and Development Authority into the Department of Economy, Planning and Development , saying this change is essential for aligning economic plans with government policies.
Zubiri, who chairs the Senate Economic Affairs Committee, explained that this transformation will empower the DEPD to advocate for the implementation of economic policies across government agencies and to engage more effectively with foreign stakeholders. “Development must originate from the ground up. It is neither wise nor sustainable to create a comprehensive plan without first considering local conditions,” he stressed. “The establishment of the DEPD and its Regional Offices will be essential in this regard.”
The DEPD’s enhanced regional presence will enable the evaluation of project proposals, land use plans, and other development initiatives, ensuring alignment with the country’s overall economic strategies.“We must anchor our economic plans in the realities of our regions and our people. By basing our strategies on local conditions, we can create a more effective and inclusive economic growth plan,” the senator said.
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