Friday, February 8, 2013

Contributions of National Economic and Development Authority (NEDA)

President Benigno S. Aquino III acknowledged the contributions of the National Economic and Development Authority (NEDA) in nation building as the agency celebrated Tuesday its 40th anniversary.

The Philippine economy is growing, the President said in his message during the celebration held at NEDA's head office in Pasig City.

The chief executive said that while the economy grows, NEDA must strive hard to attain sustainable and broad-based growth for the benefit of the Filipinos.

"We have much left to do, and NEDA will become an even more important partner in the years ahead. If we want to be sure that our efforts will yield the best results, our next moves must be calculated," he said.

"We are counting on you. Today, I am asking each one of you to strive for even better performance of your duties,"

To sustain this growth, the government must continue its efforts to level the playing field, weed out corruption, and step up the country's competitiveness in the global market.

The government will also continue to invest in human capital through education, health, and social services, he said adding the administration also identified key sectors for growth and have put in place initiatives that will facilitate growth.

The President said he is glad NEDA is truly dedicated to fulfilling its mandate and serving the people not based on political convenience or self-aggrandizement.

This is the reason why in 2010, NEDA translated the administration's commitments in its Social Contract with the Filipino People into specific strategies and programs.

NEDA formulated the Philippine Development Plan 2011-2016, which set the administration's goals of achieving inclusive growth, creating employment opportunities, and reducing poverty, as well as the strategies it employs to realize important goals, the President said.

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