Office of the National Economic and Social Development Council

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The Office of the National Economic and Social Development Council (Template:Langx), also known as NESDC (Template:Langx), is a national economic planning agency of Thailand. It is a government department reporting directly to the Office of the Prime Minister. The NESDC maintains four regional offices in Chiang Mai, Khon Kaen, Songkhla, and Nonthaburi.[1]Template:RP Sanit Aksornkoae, Chairman of the NESDC,[2] stated that in 2018 the Office of the National Economic and Social Development Board (NESDB) underwent a major revamp, including being officially renamed the NESDC.[3] The NESDC's Secretary-General is Thosaporn Sirisamphand, appointed 4 July 2018.[4][5] Its FY2019 budget is 609.7 million baht.[6]

Background

  • Established on 15 February 1950 as the National Economic Council (NEC)[7]
  • Renamed the Office of the National Economic Development Board (NEDB) in 1959.[7]
  • Launched the first National Economic Development Plan in 1961
  • Reformed as the National Economic and Social Development Board (NESDB) in 1972, under the Prime Minister's Office
  • Reformed as the National Economic and Social Development Council (NESDC) in 2018, under the Prime Minister's Office[8]

Mission

NESDC is Thailand's central planning agency responsible for crafting strategies for balanced and sustainable development in the national interest.[9]

Key functions

  • Formulate the five-year National Economic and Social Development Plan. The current plan is The Twelfth National Economic and Social Development Plan, 2017–2021.[10] The aims of the Twelfth Plan are consistent with the targets of the 20-year national strategy (2017–2036).[10]Template:RP
  • Pursue four national agendas:
    1. Alleviate poverty and income distribution imbalances
    2. Enhance Thailand's competitiveness
    3. Promote social capital development
    4. Promote sustainable development
  • Formulate strategies for key government policies and major development projects
  • Analyze budget proposals by state-owned enterprises and related agencies
  • Create an economic intelligence database, especially for GDP data
  • Develop development indicators

Organizational structure

The NESDC is composed of two main components:

NESDC board

  • Composed of 23 members[11]
  • Provides recommendations and comments on national economic and social development to the prime minister and cabinet
  • Coordinates NESDC efforts and those of related government agencies and state enterprises to formulate plans, development projects, and implementation plans.

Office of the NESDC

See also

References

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Template:Government of Thailand

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