Business World

Palace signs EO ordering implementa­tion of dev’t plan

- — Ian Nicolas P. Cigaral

PRESIDENT Rodrigo R. Duterte has signed Executive Order (EO) No. 27 directing all government agencies to implement the Philippine Developmen­t Plan (PDP) and Public Investment Program (PIP) for the period of 2017-2022.

The PDP is the blueprint to increase the pace of economic growth while lifting more Filipinos out of poverty while PIP spells out priority projects and programs to support the PDP.

Signed by Mr. Duterte and Executive Secretary Salvador C. Medialdea on June 1, EO 27 — a copy of which was given to reporters on Monday — ordered the “adoption” and “disseminat­ion” of the PDP as well as to “undertake efforts leading to its full implementa­tion.”

The new EO also directs all government agencies to “align” their budgetary and department­al programs with the strategies and activities identified in the economic blueprint.

Expected to be completed by July, the PIP, according to EO 27, must be updated “annually and simultaneo­usly” with the preparatio­ns for the yearly national budget or as determined by National Economic and Developmen­t Authority (NEDA).

The NEDA secretaria­t is also mandated to “work together” with other agencies in enforcing and monitoring the implementa­tion of both the PDP and PIP.

Meanwhile, government offices are likewise directed to submit to the NEDA board their accomplish­ment reports with respect to PDP and PIP.

PDP was approved by the NEDA board on Feb. 20, 2017 following a series of Cabinetlev­el and technical interagenc­y discussion­s. The blueprint was formally launched on June 2.

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