The National Economic and Development Authority (NEDA) is one step closer to gaining Senate approval on becoming a full-fledged department, after senators
Ralph Harvey RiraoThe National Economic and Development Authority is one step closer to gaining Senate approval on becoming a full-fledged department, after senators approved on second reading the bill reorganizing the agency into the Department of Economy, Planning and Development .
The Bukidnon lawmaker emphasized that upgrading NEDA into a department would strengthen its capacity to address the country’s economic challenges and enhance its engagement with international partners. During the period of amendments, the measure gained bipartisan support from senators, with Deputy Majority Leader Joseph Victor Ejercito, Deputy Minority Leader Risa Hontiveros and Senator Loren Legarda contributing to the final version of the bill.
The bill’s approval on second reading marks a significant stage in the government’s efforts to align its planning and policy implementation. Zubiri noted that transforming NEDA into DEPDev will further streamline coordination across agencies and reinforce the country’s economic roadmap.
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