Philippines Establishes Department of Economy, Planning and Development to Accelerate Infrastructure Development

The Philippines is taking significant steps to address the challenges of infrastructure development, with the establishment of the Department of Economy, Planning and Development (DEPDev) aimed at bridging persistent infrastructure gaps. The new agency, created through Republic Act No. 12145, will spearhead the formulation, coordination, and monitoring of national economic and development policies. DEPDev's mandate is enhanced, with expanded authority, increased fiscal and organizational capacity, and institutional independence, enabling it to play a pivotal role in infrastructure development.

Key Takeaways:

• DEPDev's primary objective is to bridge persistent infrastructure gaps through the development of a comprehensive, long-term master plan, ensuring that projects are well-planned, effectively implemented, sustainable, and aligned with national development goals.
• The department will lead the coordination of the country's long-term development framework and strategy, responsible for approving and recommending national infrastructure development strategies, policies, programs, and projects to the President and the Cabinet.
• DEPDev's mandate extends beyond physical infrastructure, aiming to drive economic progress that is inclusive and sustainable, ensuring that infrastructure projects contribute to job creation, regional equality, and socio-economic betterment.
• The agency will strengthen planning and policymaking capacities across government, enhancing the skills and effectiveness of public servants in these areas.
• DEPDev will integrate long-term strategies directly into the budgeting process, making sure that future goals are financially supported.
• The department's expanded role strengthens the link between planning, budgeting, and monitoring and evaluation (M and E), introducing clear standards, guidelines, and accountability measures.

Statistics:

• Over 100 interagency bodies and councils actively participate in DEPDev's work.
• DEPDev serves as the secretariat for key policymaking groups, such as the Neda Board, the Regional Development Councils, the Legislative-Executive Development Advisory Council, the National Innovation Council, and the Economic Development Group.

Sources:

• Republic Act No. 12145 (Economy, Planning and Development Act)
• Executive Order No. 230 (s.1987)
• The Philippine Constitution, Section 9 of Article XII
• Statement by Secretary Arsenio Balisacan on the creation of DEPDev.