The NEDA is the Philippines' social and economic development planning and policy coordinating body.The National Economic and Development Authority (NEDA), as mandated by the Philippine Constitution, is the country's independent economic development and planning agency. It is headed by the President as chairman of the NEDA board, with the Secretary of Socio-Economic Planning, concurrently NEDA Director-General, as vice-chairman. Several Cabinet members, the Central Bank Governor, the Administrative Region of Muslim Mindanao (ARMM) and the Union of Local Authorities of the Philippines (ULAP) are likewise members of the NEDA Board.