Memorandum Circular No. 12

SECTION 1. The National Economic and Development Authority (NEDA) shall coordinate the preparation of the Philippine Development Plan (PDP), Public Investment Program (PIP) and Regional Development Plans/Investment Programs for the period 2017-2022 to be jointly formulated by the executive and legislative branches of the government, with the participation of other sectors, including the marginalized and private sectors.

SECTION 2. All departments, offices and instrumentalities of the government including government-owned or controlled coorporations (GOCCs), shall formulate their respective medium-term development plans and action programs.  These plans and programs shall have a results-oriented focus on national development goals and shall be in line with AMBISYON NATIN 2040, the 2030 Agenda for Sustainable Developement and the President's 0+10-Point Socio-Economic Agenda.

SECTION 3. The PDP shall contain in the following basic elements: Development goals and objectives; Strategic policy framework to attain such goals and objectives; and Results Matrix, which contains a list of indicators that can be monitored to determine the progress of the plan. SECTION 4. The PDP shall be submitted to the NEDA Board and the Legislative Executive Development Advisory Council by January 2017.

SECTION 5. All departments, offices and instrumentalities of the government, including GOCCs, shall draw inputs from their respective regional offices.  The regional development concerns of the various government entities shall be consistent with the regional development plans.

SECTION 6. All plans of the local government units shall be consistent with the regional development strategies, physical framework and local needs.

SECTION 7. All sectors of society, both public and private, shall be consulted to the fullest to obtain their opinions and position on matters related to the plans herein mentioned.

SECTION 8. The planning guidelines to be followed in the formulation of plan amd programs shall be issued by the NEDA Secretariat and shall be made an integral part of this Circular.

SECTION 9. The Department of Budget and Management shall provide the funds necessary for the attainment of the objectives of the Circular, subject to the usual accounting and auditing reguirements.

This Memorandum Circular shall take effect immediately

SECTION 10. This Memorandum Circular shall take effect immediately. DONE, in the City of Manila, this 24th day of October, in the Year of our Lord Two Thousand and Sixteen. By Authority of the President: (Sgd.) SALVADOR C. MEDIALDEA Executive Secretary