Marcos signs bill turning NEDA into Dep’t of Economy, Planning, and Development

MANILA, Philippines – President Ferdinand Marcos Jr. on Thursday, April 10, signed into law a measure that will transform the National Economic and Development Authority (NEDA) into a department.

Republic Act 12145 or the Economy, Planning, and Development Act reorganizes NEDA into the Department of Economy, Planning, and Development (DEPDev).

Courtesy of NEDA Facebook

According to NEDA Secretary Arsenio Balisacan, his agency’s conversion into a department strengthens its...