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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 398 -
AUTHORIZING THE NATIONAL FOOD AUTHORITY TO INTERVENE IN THE
STABILIZATION OF THE PRICE OF SUGAR
WHEREAS,
there is an urgent need to stabilize the prize of sugar which is a
basic necessity under R.A. 7581, otherwise known as the Price Act,
brought about by the low farmgate prices thereof to the detriment of
farmer-producers;
WHEREAS, under Sec. 3 of Executive Order No. 1028, series of 1985,
the President may, for stabilization purposes, authorize the
intervention by the appropriate government entity in the trading of
food items if so warranted by conditions that may exist from time to
time;
WHEREAS, the National Food Authority, considering its capability,
facilities and manpower in the marketing of grains and non-grain
commodities, is deemed to be the most appropriate government agency to
intervene in the stabilization of said commodity;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the
Philippines, by virtue of the powers vested in me by law, do hereby
order:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5. Since 19.07.98.
DONE in the City of Manila,
this 31st day of January in the year of Our Lord, Nineteen Hundred and
Ninety-Seven.
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