WHEREAS,
there is a need to further strengthen national development planning by
securing the involvement of other departments of the government in the
planning process; chanroblesvirtualawlibrary
WHEREAS, it is exigent to harness the diplomatic arm of the government
to enhance the attainment of national development objectives;chanroblesvirtualawlibrary
WHEREAS, the maintenance of peace and order is principally enforced by
the Department of National Defense, and is directly contributory to a
successful implementation of economic and development plans, programs
and projects;chanroblesvirtualawlibrary
WHEREAS, in the formulation of national development plans, it is
imperative also to secure the participation of the Department of
Industry which is the primary policy, planning and implementing entity
of the Executive branch of the government in the Development and
expansion of industry.
WHEREAS, to carry out the above objectives, it is necessary to
reconstitute the membership of the National Economic and Development
Authority (NEDA) by including therein the Secretary of National Defense
and the Secretary of Foreign Affairs, and substituting the Secretary of
Industry in lieu of the Chairman of the Board of Investments;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
decree the following as part of the law of the land:cralaw:red
Section 1. Section 1 of Presidential Decree No. 107,
as amended, is hereby further amended to read as follows:cralaw:red
"Sec. 1. There is hereby created a National Economic
and Development Authority to be composed of the President of the
Philippines, as Chairman, and the Secretary of Economic Planning
(Director-General of the Authority) the Secretary of Finance, the
Secretary of Foreign Affairs, the Secretary of Agriculture, the
Secretary of Trade, the Secretary of Public Works, Transportation and
Communications, the Secretary of National Defense, the Secretary of
Labor, the Secretary of Education and Culture, the Secretary of
Industry, the Secretary of Natural Resources, the Secretary of Public
Highways, the Commissioner of the Budget and the Governor of the
Central Bank, as members, and who shall hold office at the pleasure of
the President.
The Authority may, in the discharge of its duties and functions, call
upon any private person or representative of the private sector for
such view or advice as may be pertinent to any matter under its
consideration."
Section 2. This Decree shall take effect
immediately. chanroblesvirtualawlibrary
Done in the City of Manila,
this 23rd day of December, in the year of Our Lord, nineteen hundred
and seventy-five.
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