The National Economic and Social Development Board (NESDB) is a national economic planning agency of Thailand. The NESDB reports directly to the Office of the Prime Minister.
Established in 1950 as the National Economic Board (NEB)
Renamed National Economic Development Board (NEDB) in 1959
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
NESDB is Thailand's central planning agency responsible for crafting strategies for balanced and sustainable development in the national interest.
Formulate the five-year National Economic and Social Development Plan. The current plan is The Eleventh National Economic and Social Development Plan, 2012-2016. The Twelfth National Economic and Social Development Plan, 2017-2021 is to be released on 1 October 2016 at the start of Thailand's 2017 fiscal year.
Pursue four national agendas:
- Alleviate poverty and income distribution imbalances
- Enhance Thailand's competitiveness
- Promote social capital development
- Promote sustainable development
Formulate strategies for key government policies and major development projects
Analyze budget proposals by state enterprises and related agencies
Create an economic intelligence database, especially for GDP data
Develop development indicators
The NESDB is composed of two main components:
Composed of 15 members
Provides recommendations and comments on national economic and social development to the prime minister and cabinet
Coordinates NESDB efforts and those of related government agencies and state enterprises to formulate plans, development projects, and implementation plans.
Divided into 13 offices and two divisions
Headed by the secretary-general
Accommodates key development variables, notably the move towards a knowledge-based economy, civil service reforms, and good governance
