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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 693 |
Central Bank of the Philippines
Philippine Sugar Commission
National Grains Authority
WHEREAS, it has been the declared policy of the state to provide the integrated growth and development of food crops to achieve food self-sufficiency;
WHEREAS, in the pursuit of this objective it becomes imperative that all lands destined for agriculture be maximized in its uses;
WHEREAS, to initiate this program agricultural land presently devoted for sugar provides good basis and opportunity for multiple-cropping of peanuts and mongo with sugarcane;
WHEREAS, the program is envisioned to generate not only greater food production but also better employment opportunities and additional sources of income.
NOW, THEREFORE, in order to implement this declared policy, I hereby direct and order the following government agencies:
1.
The Department of Agriculture shall see to it that technical
assistance, continuous and immediate supply and availability of seeds
be provided;
2. The Central
Bank of the Philippines shall plan, formulate, adopt and implement
financing program tapping fully the entire banking system;
3. The
Philippine Sugar Commission shall identify and recommend sugar areas
that can participate in this program with the concurrence of the
Department of Agriculture and its duly authorized representative or
agency;
4. The
National Grains Authority shall provide the support price and
assistance in the marketing phases;
5. The
inter-government agencies of the Department of Agriculture and the
National Grains Authority, shall undertaken studies to determine the
support price of peanuts;
6. To ensure
the success of this program all national, provincial and municipal
agencies of the government are hereby directed to extend their
facilities and assistance in its implementation.
Done in the City of Manila, this 24th day of May, in the year of Our Lord, nineteen hundred and seventy-eight.
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Since 19.07.98.
