Department of Economy, Planning, and Development

Department of Economy, Planning, and Development
Kagawaran ng Ekonomiya, Pagpaplano, at Pagpapaunlad

NEDA Central Office
Agency overview
FormedDecember 23, 1935 (1935-12-23)
Preceding agencies
  • National Economic Council (NEC)
  • National Economic Development Authority
  • National Economic and Development Authority (NEDA)
Headquarters12 St. cor. J. Escriva Drive, Ortigas Center, Pasig
14°34.7′N 121°3.6′E / 14.5783°N 121.0600°E / 14.5783; 121.0600
Employees1,214 (2024)
Annual budget₱1.720 billion (2022)
Agency executive
Child agencies
Websitedepdev.gov.ph

The Department of Economy, Planning, and Development (DEPDev; Filipino: Kagawaran ng Ekonomiya, Pagpaplano, at Pagpapaunlad) is the executive department of the Philippine government responsible for national and regional economic policy, development, monitoring, and planning. DEPDev also oversees the planning and approval of large-scale government projects, assists the Department of Budget and Management in the crafting of the annual General Appropriations Act, oversees bilateral, regional, and multilateral trade policies and negotiations, and establishes frameworks on the use of land and natural resources in the country.

DEPDev was formed through the reorganization of the National Economic and Development Authority (NEDA) by Republic Act No. 12145, which transformed the independent agency into an executive department in the Cabinet.

The department is currently headed by Secretary Arsenio Balisacan, who formerly served as the director of the NEDA from June 30, 2022, until the creation of DEPDev.

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