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Business

NEDA sets PIP rules for 2011-2016

- Iris Gonzales -

Manila, Philippines - The National Economic and Development Authority (NEDA) has set the guidelines and deadline for submission of the Public Investment Program (PIP) 2011-2016 for government agencies, the agency said in a statement.

Quoting a memorandum issued by Socioeconomic Planning Secretary Cayetano Paderanga Jr., NEDA said in formulating the PIP, the programs and projects should contribute to the “goals, outcomes and output spelled out in the Philippine Development Plan 2011-2016.”

Furthermore, the plan translates into a core set of priority programs and projects to be implemented by the National Government, government-owned and controlled corporations, government financial institutions and other offices.

Based on Memorandum Circular 3, NEDA has been directed to coordinate the preparation of the PIP 2011-2016.

Paderanga said the PIP formulation “must be done in consultation with attached agencies and regional or local offices and should also be consistent with the Regional Development Plans.”

The guidelines for the PIP include the alignment of outcomes, indicators and targets under the following five priority areas. These are anti-corruption, transparent, accountable and participatory governance poverty reduction and empowerment of the poor and vulnerable, rapid, inclusive and sustained economic growth, just and lasting peace and the rule of law and integrity of the environment and climate change mitigation and adaptation.

In drawing the list of priority programs and projects for the PIP, each government agency shall be guided by the approved and relevant major final outputs mandated to deliver under its Organizational Performance Indicator Framework (OPIF).

GOVERNMENT

MEMORANDUM CIRCULAR

NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY

NATIONAL GOVERNMENT

ORGANIZATIONAL PERFORMANCE INDICATOR FRAMEWORK

PADERANGA

PHILIPPINE DEVELOPMENT PLAN

PIP

PUBLIC INVESTMENT PROGRAM

REGIONAL DEVELOPMENT PLANS

SOCIOECONOMIC PLANNING SECRETARY CAYETANO PADERANGA JR.

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