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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 21 - ATTACHING
THE LIVELIHOOD CORPORATION (LIVECOR) AND STRATEGIC INVESTMENT AND
DEVELOPMENT CORPORATION (SIDCOR, FORMERLY HUMAN SETTLEMENTS DEVELOPMENT
CORPORATION) TO THE OFFICE OF THE EXECUTIVE SECRETARY
WHEREAS,
the Livelihood Corporation (LIVECOR) and Strategic Investment and
Development Corporation (SIDCOR, formerly Human Settlements Development
Corporation), were created pursuant to Executive Order No. 866 dated 11
January 1983, and Presidential Decree No. 1396, respectively, in order
to stimulate self-sustaining economic activities, generate employment
and entrepreneurial opportunities as a way of addressing the problems
of poverty;
WHEREAS, both LIVECOR and SIDCOR were attached to the Presidential
Management Staff (PMS) by virtue of Executive Order No. 130, after the
Ministry of Human Settlements was abolished in 1987;
WHEREAS, the Office of the Executive Secretary is mandated to be on top
of government overall efforts and direction in overseeing, coordinating
and managing the country’s poverty alleviation program;
WHEREAS, under Sec. 31, Chapter 10, Book III of the Administrative
Code of 1987, the President of the Philippines has continuing authority
to reorganize the administrative structure of the Office of the
President;
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the Republic
of the Philippines, by virtue of the powers vested in me by law, do
hereby order:
Section 1.
Sec. 2. Since 19.07.98.
DONE in the City of Manila,
Philippines, this 27th day of August, in the year of Our Lord, nineteen
hundred and ninety-eight.
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