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The Philippine agency that deals with economic and development planning at the regional and national level. It is mandated by the Constitution as a socio-economic planning body of the country. One of their functions is the assessment, confirmation, and approval of national, inter-regional or regional development projects that spur economic growth.a.Department of Finance (DOF)b.National Economic and Development Authority (NEDA)c.Department of Trade and Industry (DTI)d.Office of the President (OP)e.Department of Public Works and Highways (DPWH)

Question

The Philippine agency that deals with economic and development planning at the regional and national level. It is mandated by the Constitution as a socio-economic planning body of the country. One of their functions is the assessment, confirmation, and approval of national, inter-regional or regional development projects that spur economic growth.a.Department of Finance (DOF)b.National Economic and Development Authority (NEDA)c.Department of Trade and Industry (DTI)d.Office of the President (OP)e.Department of Public Works and Highways (DPWH)

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Solution

The correct answer is b. National Economic and Development Authority (NEDA). This agency is responsible for economic and development planning at the regional and national level in the Philippines. It is mandated by the Constitution as the socio-economic planning body of the country. One of their functions includes the assessment, confirmation, and approval of national, inter-regional or regional development projects that spur economic growth.

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