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PHILIPPINE LAWS, STATUTES & CODES
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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 51 - DIRECTING
ALL DEPARTMENTS, BUREAUS, OFFICES, AGENCIES AND INSTRUMENTALITIES OF
THE NATIONAL GOVERNMENT, INCLUDING GOVERNMENT-OWNED AND CONTROLLED
CORPORATIONS, THE ARMED FORCES OF THE PHILIPPINES AND THE PHILIPPINE
NATIONAL POLICE WHO EITHER PROVIDE RICE TO THEIR EMPLOYEES AS A FORM OF
INCENTIVE OR NON-MONETARY BENEFIT OR USE RICE IN CONNECTION WITH THEIR
FUNCTIONS, TO PURCHASE THEIR RICE REQUIREMENTS FROM THE NATIONAL FOOD
AUTHORITY
WHEREAS,
the National Food Authority (NFA) is mandated by law to stabilize the
supply and price of the country’s staple food, rice;
WHEREAS, to pursue its mandate, the NFA is authorized to build up and
maintain a minimum strategic rice reserve equivalent to 15 days
national consumption at every given time of the year and a buffer stock
equivalent to at least 30 days by July 1 of every year;
WHEREAS, a growing number of government offices, agencies and
instrumentalities provide rice to their employees as a form of
incentive or non-monetary benefit;
WHEREAS, NFA rice is priced at a reasonable level far lower than the
price of commercial rice of comparable quality, thus making it
affordable especially to fixed and low income earners;
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the Republic
of the Philippines, by virtue of the power 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 22nd day of December, in the year of Our Lord, nineteen hundred
and ninety-eight.
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