The Department of Economic Affairs is a government body responsible for formulating and implementing economic policies. It plays a crucial role in managing the country's economic resources, overseeing financial regulations, and promoting sustainable growth. The department also coordinates with other ministries to ensure that economic strategies align with national goals. Additionally, the department handles international economic relations, including trade agreements and foreign investments. It works to create a favorable environment for businesses and investors, contributing to overall economic stability. By analyzing economic trends, the Department of Economic Affairs helps guide decision-making for the government and supports initiatives that foster economic development.