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PHILIPPINE LAWS, STATUTES & CODES
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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 15 - ABOLISHING
THE ECONOMIC SUPPORT FUND COUNCIL AND TRANSFERRING ITS FUNCTIONS TO THE
NATIONAL ECONOMIC DEVELOPMENT AUTHORITY
WHEREAS, there is need to avoid
disruption of activities relating to the programming, project
preparation and utilization of ESP proceeds;
WHEREAS, there are prospects of increased economic assistance to the
Philippine Government from the U.S. Government;
WHEREAS, the National Economic Development Authority has been
coordinating the programming of official development assistance (ODA)
from foreign sources except that the Economic Support Fund (ESF) which
is being coordinated by a Council headed by the Minister of Human
Settlements and supported by a Secretariat under the Office of the
President;
WHEREAS, there is need to consolidate official development assistance
coordination function into one governmental organization.
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Republic of the
Philippines, do hereby order and direct the following:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
Done in the City of Manila,
this 8th day of May, in the year of Our Lord, nineteen hundred and
eighty-six.
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Since 19.07.98.