The National Economic and Development Authority (NEDA), as mandated by the Philippine Constitution, is the government’s independent socioeconomic planning body. NEDA’s beginning can be traced back to 1935, when the Commonwealth Act created the National Economic Council (NEC). The NEC had undergone various reconstitutions and integrations with other economic councils through Presidential Decree 107, which then established NEDA.
It was reorganized on July 22, 1987 in accordance with Executive Order No. 230 to enhance its ability to coordinate the development planning and policy formulation process.