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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 1028 -
PROVIDING FOR FURTHER DEREGULATION IN THE PRODUCTION AND TRADING OF
FOOD GRAINS AND RELATED AGRICULTURAL INPUTS
WHEREAS, under the New Republic,
national development shall be pursued with renewed dedication and
greater determination through a more efficient, effective and
economical government;
WHEREAS, it would be desirable, as a general policy, to encourage the
participation of the private section the development of the country and
to rely as much as feasible on the free interplay of competitive market
forces in the production and trading of food grains and related
agricultural inputs;
WHEREAS, for this purpose, it would also be desirable to liberalize the
governmental regulatory framework in support of the above-stated
national policy; and
WHEREAS, under Presidential Decree No. 1416, as amended, the President
is empowered to undertake such organizational and related improvements
as may be appropriate in the light of changing circumstances and new
developments;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of powers vested in me by the Constitution and the authority
vested in me by Presidential Decree No. 1416 as amended, do hereby
order and ordain;
Section 1.
Sec. 2.
Sec. 3.
Accordingly, the National Food Authority proper shall relinquish or
transfer to another government entity or to the private sector, as
appropriate, all its non-grain stabilization and trading activities.
Steps shall accordingly be taken initially to effect (a) the transfer
of all Kadiwa and other non-grain operations of the National Food
Authority to the Food Terminal, Incorporated, and subsequently (b) the
transfer or divestment of the operations of Food Terminal,
Incorporated, including the Kadiwa operations, as a joint venture
between the government and the private sector, without prejudice to the
possibility of a full transfer to the private sector immediately or
ultimately.
Sec. 4.
Sec. 5.
Sec. 6.
Sec. 7.
Sec. 8.
DONE in the City of Manila,
this 31st day of May, in the year of Our Lord, nineteen hundred and
eighty-five.
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